DTN Cattle Close/Trends 06/23 15:45
23 Jun 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/23/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 220 WEEK TO DATE: 16,881 STEERS LIVE FOB 220 180.00-180.00 180.00-180.00 180.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 382 WEEK TO DATE: 14,818 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 231 WEEK TO DATE: 6,022 STEERS LIVE FOB 166 174.00-174.00 174.00-174.00 174.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 65 174.00-174.00 174.00-174.00 174.00 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: 355 WEEK TO DATE: 26,708 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: This week Southern live deals were marked at $178 to $182, mostly $180, $2 lower than the prior week's weighted averages. Northern dressed deals had a full range of $280 to $292, mostly $290, $6 lower than the previous week's weighted averages. The June 1 on feed report this afternoon listed 11.6 million head, down 3% from June 2022. Placements in May totaled 1.96 million head, 5% above last year; marketings in May totaled 1.95 million head, 2% greater than the prior year; other disappearance in May totaled 74,000 head, 3% under the same time last year. 5-AREA LV STR AVG(FOB)PR&WT: $183.46(1436) HIDE&OFFAL: $13.08 +0.32 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $271.54 $246.40 71,844 DEMAND (Box) $322.01 $287.96 40,366 INDEX VALUE $296.78 -1.36 $267.18 -3.05 112,210 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $334.01 -0.46 $299.96 -3.84 34.95 LDS CH CUTS / 26.53 LDS SEL CUTS / 0.00 LDS TRIM / 17.00 LDS GROUND DAILY CHOICE/SELECT SPREAD $34.05 TOTAL LOAD COUNT 78 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/16 $320.66 +8.97 CUTTER 90% 350# UP C/O: $232.06 +0.96 NAT'L BONELESS BF TRIM: 13.73 lds / Not fully established 90% TRIM: 08 lds: Wtd Avg: $289.56 / Unevenly steady on a light test FI KILL(WTD) FRI 120(623) WK AGO 118(618) YR AGO 122(620) MIX: THU SH98/CB27 SAT 26(649) WK AGO 16(634) YR AGO 45(665) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 06/10/23 2,892 6,210 Week Ending: 06/03/23 3,036 6,185 Change from prev week: -144 +25