DTN Cattle Close/Trends 06/08 15:50
8 Jun 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/08/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 3,580 WEEK TO DATE: 4,497 STEERS LIVE FOB 747 184.00-188.00 188.00-188.00 185.22 STEERS LIVE DELIVERED 796 189.00-191.00 189.00-191.00 189.67 HEIFERS LIVE FOB 869 184.00-188.00 184.00-188.00 184.48 HEIFERS LIVE DELIVERED 836 191.00-191.00 191.00-191.00 191.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 875 WEEK TO DATE: 28,677 STEERS DRESSED DELIVERED 154 298.00-300.50 298.00-299.00 298.23 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 207 299.00-300.00 299.00-300.00 299.42 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 5,692 WEEK TO DATE: 6,416 STEERS LIVE FOB 3,407 185.00-185.00 185.00-185.00 185.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,455 185.00-185.00 185.00-185.00 185.00 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: 1,413 WEEK TO DATE: 31,928 STEERS DRESSED DELIVERED 118 300.00-300.00 300.00-300.00 300.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Feedlots in the South remained strong but we did see some light movement of cattle for $185. Asking prices in the South remain firm at $186 to $190. More business will need to develop on Friday unless packers are going to go into next week short bought. 5-AREA LV STR AVG(FOB)PR&WT: $190.08(1431) HIDE&OFFAL: $12.76 +0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $281.83 $262.99 119,680 DEMAND (Box) $316.73 $292.10 42,854 INDEX VALUE $299.28 +2.96 $277.55 +2.47 162,534 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $328.73 +3.54 $304.10 +2.54 52.80 LDS CH CUTS / 24.44 LDS SEL CUTS / 3.90 LDS TRIM / 28.07 LDS GROUND DAILY CHOICE/SELECT SPREAD $24.63 TOTAL LOAD COUNT 109 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/02 $299.90 +1.72 CUTTER 90% 350# UP C/O: $226.69 +0.09 NAT'L BONELESS BF TRIM: 14.83 lds / Shrply hgr on good dem & lgt offers. 90% TRIM: 07 lds: Wtd Avg: $280.83 / Weak to lower FI KILL(WTD) THR 125(495) WK AGO 127(382) YR AGO 125(499) MIX: WED SH98/CB26 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 05/20/23 4,328 7,232 Week Ending: 05/13/23 5,043 8,762 Change from prev week: -247 +893