DTN Cattle Close/Trends 06/16 15:45
16 Jun 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/16/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,969 WEEK TO DATE: 2,077 STEERS LIVE FOB 1,180 182.00-182.00 182.00-182.00 182.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 581 180.00-182.00 180.00-182.00 181.19 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 581 WEEK TO DATE: 19,801 STEERS DRESSED DELIVERED 83 296.00-296.00 296.00-296.00 296.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 77 296.00-296.00 296.00-296.00 296.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 2,095 WEEK TO DATE: 2,095 STEERS LIVE FOB 526 182.00-182.00 182.00-182.00 182.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,167 182.00-182.00 182.00-182.00 182.00 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: 3,473 WEEK TO DATE: 13,289 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade COMMENTS: A rather light trade was reported in parts of the Southern today with live deals marked at mostly $182. $3 lower than last week's weighted average. While trade volume totals may be very light, much of today's trading took place this afternoon after the Mandatory cutoff time. Note that some of the cattle that traded in the North yesterday are slated to ship tomorrow (Saturday, June 17,2023) 5-AREA LV STR AVG(FOB)PR&WT: $186.47(1462) HIDE&OFFAL: $12.92 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $282.53 $262.03 43,515 DEMAND (Box) $331.09 $298.95 35,325 INDEX VALUE $306.81 -0.38 $280.49 -0.20 78,840 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $343.09 +1.02 $310.95 +1.37 40.21 LDS CH CUTS / 12.51 LDS SEL CUTS / 8.82 LDS TRIM / 12.71 LDS GROUND DAILY CHOICE/SELECT SPREAD $32.14 TOTAL LOAD COUNT 74 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/09 $311.69 +11.79 CUTTER 90% 350# UP C/O: $228.54 -0.76 NAT'L BONELESS BF TRIM: 45.21 lds / Unevenly stdy on mod dem & offers 90% TRIM: 21 lds: Wtd Avg: $283.64 / Mostly moderately lower FI KILL(WTD) FRI 118(618) WK AGO 115(610) YR AGO 123(621) MIX: THU SH97/CB29 SAT 16(634) WK AGO 6(616) YR AGO 48(668) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 06/03/23 3,036 6,185 Week Ending: 05/27/23 2,298 5,629 Change from prev week: +738 +556