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DTN Cattle Close/Trends 06/29 15:35

29 Jun 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/29/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 9,456 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: 1,873 WEEK TO DATE: 5,293 STEERS DRESSED DELIVERED 233 290.00-290.00 290.00-290.00 290.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 13 WEEK TO DATE: 1,603 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: 728 WEEK TO DATE: 4,222 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 40 286.00-286.00 286.00-286.00 286.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Just a little light trade in the North today, mostly live deals marked at $182, roughly $1 lower in Nebraska, and about $2 lower in Iowa. Some dressed sales in Nebraska were at $290, no worse than steady with last week's weighted average. More trade should need to take place tomorrow. 5-AREA LV STR AVG(FOB)PR&WT: $182.50(1416) HIDE&OFFAL: $13.29 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $275.47 $249.24 32,625 DEMAND (Box) $316.05 $285.18 38,174 INDEX VALUE $295.76 -0.66 $267.21 -0.48 70,799 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $328.05 +0.15 $297.18 +0.50 56.62 LDS CH CUTS / 24.03 LDS SEL CUTS / 0.00 LDS TRIM / 15.78 LDS GROUND DAILY CHOICE/SELECT SPREAD $30.87 TOTAL LOAD COUNT 96 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/23 $325.29 +4.63 CUTTER 90% 350# UP C/O: $234.31 +1.42 NAT'L BONELESS BF TRIM: 10.26 lds / Not fully established 90% TRIM: 06 lds: Wtd Avg: $294.20 / Mostly sharply higher FI KILL(WTD) THU 125(502) WK AGO 125(503) YR AGO 125(502) MIX: WED SH99/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 06/17/23 2,238 6,880 Week Ending: 06/10/23 2,892 6,210 Change from prev week: -654 +670