DTN Cattle Close/Trends 07/28 15:40

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/28/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 96 WEEK TO DATE: 96 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 96 178.00-178.00 178.00-178.00 178.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 916 WEEK TO DATE: 1,659 STEERS DRESSED DELIVERED 454 291.00-292.00 291.00-292.00 291.70 STEERS DRESSED FOB 76 293.00-293.00 293.00-293.00 293.00 HEIFERS DRESSED DELIVERED 306 292.00-295.00 292.00-295.00 294.61 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 52 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: 5,808 WEEK TO DATE: 11,153 STEERS DRESSED DELIVERED 404 292.00-295.00 292.00-295.00 293.10 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade COMMENTS: At the time of this close some light trade was being reported in parts of the North at $294, about $1 lower than last week's weighted average basis Nebraska. Some scattered deals in the South have been reported at $178 to $179, $1 to $2 lower than last week's weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $186.00(1502) HIDE&OFFAL: $13.53 +0.11 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $280.99 $254.20 32,225 DEMAND (Box) $290.00 $265.54 43,299 INDEX VALUE $285.50 -1.47 $259.87 -2.15 75,524 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $302.00 -0.86 $277.54 -2.22 69.14 LDS CH CUTS / 16.52 LDS SEL CUTS / 5.49 LDS TRIM / 10.15 LDS GROUND DAILY CHOICE/SELECT SPREAD $24.46 TOTAL LOAD COUNT 101 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/21 $300.30 -5.89 CUTTER 90% 350# UP C/O: $233.31 -1.53 NAT'L BONELESS BF TRIM: 33.99 lds / Shrply hr on gd dem & lt offers 90% TRIM: 16 lds: Wtd Avg: $293.27 / Moderately to sharply lower FI KILL(WTD) FRI 110(609) WK AGO 114(609) YR AGO 122(613) MIX: THU SH99/CB27 SAT 10(619) WK AGO 15(624) YR AGO 53(666) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 07/15/23 4,290 6,330 Week Ending: 07/08/23 2,590 5,826 Change from prev week: +1,700 +504