DTN Cattle Close/Trends 07/18 15:50

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/18/23 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: 40 WEEK TO DATE: 302 STEERS DRESSED DELIVERED 40 295.00-295.00 295.00-295.00 295.00 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: 30 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: 80 WEEK TO DATE: 283 STEERS DRESSED DELIVERED No reportable 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 feeder country with bids and asking prices yet to be fully established. Significant trade volume will likely be delayed until Wednesday or later. Having said all of that, very minimal dressed trade was reported in parts of Nebraska at $295, while a handful of live deals were reported in Iowa at $184. This market was certainly not enough to establish any kind of an accurate trend for the week. 5-AREA LV STR AVG(FOB)PR&WT: $184.24(1416) HIDE&OFFAL: $13.40 +0.08 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $279.07 $251.35 44,685 DEMAND (Box) $292.68 $264.61 50,747 INDEX VALUE $285.87 -1.13 $257.98 +0.36 95,432 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $304.68 -2.10 $276.61 +0.87 77.07 LDS CH CUTS / 25.94 LDS SEL CUTS / 6.33 LDS TRIM / 13.42 LDS GROUND DAILY CHOICE/SELECT SPREAD $28.07 TOTAL LOAD COUNT 123 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/14 $306.19 -10.41 CUTTER 90% 350# UP C/O: $233.88 -1.12 NAT'L BONELESS BF TRIM: 34.66 lds / Unevenly steady on lt-mod dem and offers 90% TRIM: 13 lds: Wtd Avg: $293.93 / Mostly slightly lower FI KILL(WTD) TUE 127(247) WK AGO 128(250) YR AGO 123(247) MIX: MON SH93/CB27 **** REVISION ** MON 120(120) ** REVISION **** WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 07/01/23 2,503 6,879 Week Ending: 06/24/23 3,371 7,502 Change from prev week: -868 -623