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DTN Cattle Close/Trends 07/24 15:40

24 Jul 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/24/23 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: 602 WEEK TO DATE: 602 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 typically quiet Monday with the cash cattle trade at a virtual standstill. Bids and asking prices have yet to be established. Significant trade volume will likely be delayed until Wednesday or later. 5-AREA LV STR AVG(FOB)PR&WT: $185.07(1422) HIDE&OFFAL: $13.42 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $282.92 $256.12 62,109 DEMAND (Box) $292.16 $264.99 45,025 INDEX VALUE $287.54 +1.10 $260.55 +0.97 107,134 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $304.16 +1.42 $276.99 +0.26 37.16 LDS CH CUTS / 37.88 LDS SEL CUTS / 7.89 LDS TRIM / 16.01 LDS GROUND DAILY CHOICE/SELECT SPREAD $27.17 TOTAL LOAD COUNT 99 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/21 $300.30 -5.89 CUTTER 90% 350# UP C/O: $233.52 -0.57 NAT'L BONELESS BF TRIM: 34.64 lds / Shrply lr on lt dem & lt-mod offers 90% TRIM: 18 lds: Wtd Avg: $294.14 / Generally steady FI KILL(WTD) MON 126 WK AGO 120 YR AGO 123 MIX: FRI SH88/CB26 SAT SH10/CB5 ****** REVISION ** FRI 114(609) ** REVISION ****** ****** REVISION ** NEW WTD(624) ** REVISION ****** WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 07/08/23 2,590 5,826 Week Ending: 07/01/23 2,503 6,879 Change from prev week: +87 -1,053