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DTN Cattle Close/Trends 08/02 15:30

2 Aug 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/02/23 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: 80 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: 245 WEEK TO DATE: 875 STEERS DRESSED DELIVERED No reportable Dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Yet another very quiet day. So far this week the South has not moved a single hoof. In the North just some very light scattered deals have been reported at $183 to $186 live and $294 dressed. For the most part bids and asking prices are yet to be established. Significant trade volume will be delayed until Thursday or Friday. 5-AREA LV STR AVG(FOB)PR&WT: $185.52(1473) HIDE&OFFAL: $13.56 +0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $278.84 $254.19 32,900 DEMAND (Box) $291.18 $265.47 40,308 INDEX VALUE $285.01 -1.45 $259.83 -1.06 73,208 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $303.18 -2.92 $277.47 -2.13 73.04 LDS CH CUTS / 30.91 LDS SEL CUTS / 0.00 LDS TRIM / 30.48 LDS GROUND DAILY CHOICE/SELECT SPREAD $25.71 TOTAL LOAD COUNT 134 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/28 $299.26 -1.04 CUTTER 90% 350# UP C/O: $232.46 -1.75 NAT'L BONELESS BF TRIM: 28.29 lds / Not fully established 90% TRIM: 17 lds: Wtd Avg: $292.60 / Moderately to sharply lower FI KILL(WTD) WED 123(371) WK AGO 126(373) YR AGO 125(372) MIX: TUE SH98/CB26 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 07/22/23 3,227 5,933 Week Ending: 07/15/23 4,290 6,330 Change from prev week: -1,063 -397