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DTN Cattle Close/Trends 04/12 15:50

12 Apr 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/12/23 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: 0 WEEK TO DATE: 60 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: 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: 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: 2,226 WEEK TO DATE: 2,489 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 211 280.00-285.00 280.00-285.00 283.20 HEIFERS DRESSED FOB No reportable trade COMMENTS: Another relatively quiet day with just a handful of trade reported in Iowa, with dressed deals marked at $280 to 4285/ live deals came in 4180 to $181. But this business is certainly not enough to establish an accurate trend for the week. Packer inquiry should improve at some point tomorrow. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $12.79 -0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $261.74 $247.46 83,866 DEMAND (Box) $286.48 $247.46 33,261 INDEX VALUE $274.11 +1.75 $258.63 -0.06 117,127 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $298.48 +3.38 $281.81 -0.23 70.44 LDS CH CUTS / 19.58 LDS SEL CUTS / 0.00 LDS TRIM / 14.13 LDS GROUND DAILY CHOICE/SELECT SPREAD $16.67 TOTAL LOAD COUNT 104 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/07 $286.42 +2.63 CUTTER 90% 350# UP C/O: $217.00 +2.27 NAT'L BONELESS BF TRIM: 15.40 lds / Not fully established 90% TRIM: 13 lds: Wtd Avg: $277.63 / Firm FI KILL(WTD) WED 125(364) WK AGO 123(366) YR AGO 125(374) MIX: TUE SH99/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 04/01/23 3,003 11,999 Week Ending: 03/25/23 2,690 13,598 Change from prev week: +313 -1,599