DTN Cattle Close/Trends 10/03 16:18

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/03/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 354 WEEK TO DATE: 354 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB 203 230.00-230.00 230.00-230.00 230.00 HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB 151 230.00-230.00 230.00-230.00 230.00 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NO COMP WEEK TO DATE: NA Conf STEERS LIVE FOB NA due to confidentiality STEERS LIVE DELIVERED NA due to confidentiality HEIFERS LIVE FOB NA due to confidentiality HEIFERS LIVE DELIVERED NA due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 210 WEEK TO DATE: 210 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB 210 229.00-229.00 229.00-229.00 229.00 HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable dressed trade COMMENTS: It was a typical Monday for the cash cattle market as very little interest developed from packers. Southern feedlots are asking $145 and the North has yet to disclose what their early asking prices will be. With boxed beef prices closing higher, feedlots will likely price cattle higher as well. 5-AREA LV STR AVG(FOB)PR&WT: $146.75(1509) HIDE&OFFAL: $14.78 Dn .09 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $212.95 $188.22 84,653 DEMAND (Box) $233.94 $209.31 50,705 INDEX VALUE $223.44 +1.00 $198.76 +0.26 135,358 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $244.94 +2.19 $221.31 +1.18 65.23 LDS CH CUTS / 21.20 LDS SEL CUTS / 11.48 LDS TRIM / 17.60 LDS GROUND DAILY CHOICE/SELECT SPREAD $24.63 TOTAL LOAD COUNT 116 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 09/30 $248.12 -2.39 CUTTER 90% 350# UP C/O: $210.94 +0.94 NAT'L BONELESS BF TRIM: 91.27 lds / Unevnly stdy on lgt-mod dem & mod offers 90% TRIM: 34 lds: Wtd Avg: $264.18 / Unevenly steady FI KILL(WTD) MON 127 WK AGO 125 YR AGO 120 MIX: FRI SH89/CB2 SAT SH34/CB8 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 09/17/22 1,541 8,443 Week Ending: 09/10/22 1,622 7,830 Change from prev week: -81 +613