DTN Cattle Close/Trends 06/20 15:45
20 Jun 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/20/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 726 WEEK TO DATE: 1,266 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: 0 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: 29 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: 110 WEEK TO DATE: 204 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: It was a quiet day throughout the cash cattle complex as a few bids were offered in the South, but largely feedlots let them sit idle as they're interested in more money. Substantial trade won't likely develop until the second half of the week when packers get more aggressive in their bidding. 5-AREA LV STR AVG(FOB)PR&WT: $177.00(1416) HIDE&OFFAL: $12.85 -0.07 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $280.87 $255.72 46,104 DEMAND (Box) $324.91 $295.93 35,786 INDEX VALUE $302.89 -1.64 $275.83 -1.44 82,104 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $336.91 -3.23 $307.93 -2.83 77.86 LDS CH CUTS / 24.65 LDS SEL CUTS / 10.75 LDS TRIM / 08.01 LDS GROUND DAILY CHOICE/SELECT SPREAD $28.98 TOTAL LOAD COUNT 121 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/16 $320.66 +8.97 CUTTER 90% 350# UP C/O: $230.54 +1.12 NAT'L BONELESS BF TRIM: 36.31 lds / Unevenly stdy on mod dem & offers 90% TRIM: 19 lds: Wtd Avg: $286.97 / Sharply lower FI KILL(WTD) TUE 127(253) WK AGO 126(248) YR AGO 128(249) MIX: MON SH101/CB25 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