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DTN Cattle Close/Trends 07/11 15:45

11 Jul 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/11/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 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: 0 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: 184 WEEK TO DATE: 238 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: Another quiet day in the country with the cash trade at a virtual standstill, just a handful of live cattle moved in Iowa at $180, certainly not enough to establish and kind of a trend for the week. Bids were not established. Significant trade volume will likely be delayed until the second half of the week. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $13.33 +0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $276.17 $248.38 53,142 DEMAND (Box) $300.12 $268.24 47,165 INDEX VALUE $288.14 -0.85 $258.31 -1.05 100,307 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $312.12 -1.67 $280.24 -2.09 71.02 LDS CH CUTS / 52.37 LDS SEL CUTS / 22.41 LDS TRIM / 15.37 LDS GROUND DAILY CHOICE/SELECT SPREAD $31.88 TOTAL LOAD COUNT 161 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/07 $316.60 -2.55 CUTTER 90% 350# UP C/O: $235.06 +2.63 NAT'L BONELESS BF TRIM: 40.10 lds / Shrply lr on lt dem & hvy offers 90% TRIM: 15 lds: Wtd Avg: $295.14 / Sharply higher FI KILL(WTD) TUE 128(250) WK AGO 2( 81) YR AGO 126(248) MIX: MON SH96/CB26 **** REVISION ** MON 122 ** REVISION **** WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 06/24/23 3,371 7,502 Week Ending: 06/17/23 2,238 6,880 Change from prev week: +1,133 +622