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DTN Cattle Close/Trends 04/07 15:40

7 Apr 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/07/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 15,812 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: 0 WEEK TO DATE: 31,940 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 9,656 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: NA Conf 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: 539 WEEK TO DATE: 25,795 STEERS DRESSED DELIVERED 197 280.00-280.00 280.00-280.00 280.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Just a few deals were reported in IA today. This week Southern live deals were marked at $168 to $172, mostly $170, that is $4 higher in Texas and $3 higher in Kansas, compared to last week's weighted averages. Northern dressed business had a range of $274 to $284, mostly $275 to $277, roughly $4.50 to $6.50 higher while live transactions ranged from $172 to $177, mostly $175, $5 higher than last week's weighted averages basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $175.87(1487) HIDE&OFFAL: $12.79 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $261.41 $247.21 85,995 DEMAND (Box) $278.98 $263.78 34,874 INDEX VALUE $270.20 +2.80 $255.50 +1.71 120,869 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $290.98 +1.33 $275.78 -0.85 48.44 LDS CH CUTS / 7.23 LDS SEL CUTS / 5.72 LDS TRIM / 21.32 LDS GROUND DAILY CHOICE/SELECT SPREAD $15.20 TOTAL LOAD COUNT 83 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/31 $283.79 +1.12 CUTTER 90% 350# UP C/O: $217.59 +0.41 NAT'L BONELESS BF TRIM: 26.33 lds / Shrply hr on gd dem & lt offers 90% TRIM: 00 lds: Wtd Avg: No Test / Not fully established FI KILL(WTD) FRI 105(593) WK AGO 120(625) YR AGO 119(610) MIX: THU SH94/CB28 SAT 10(603) WK AGO 26(651) YR AGO 55(665) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 03/25/23 2,690 13,598 Week Ending: 03/18/23 3,063 12,476 Change from prev week: -373 +1,122