DTN Cattle Close/Trends 08/11 15:40
11 Aug 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/11/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 254 WEEK TO DATE: 1,311 STEERS LIVE FOB 114 185.00-185.00 185.00-185.00 185.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 10,527 WEEK TO DATE: 16,714 STEERS DRESSED DELIVERED 4,155 294.00-296.00 294.00-296.00 295.08 STEERS DRESSED FOB 350 298.00-298.00 298.00-298.00 298.00 HEIFERS DRESSED DELIVERED 947 294.00-295.00 294.00-295.00 294.82 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 37 WEEK TO DATE: 37 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: 4,952 WEEK TO DATE: 16,108 STEERS DRESSED DELIVERED 859 295.00-298.00 295.00-298.00 296.80 STEERS DRESSED FOB 107 294.00-298.00 294.00-298.00 296.69 HEIFERS DRESSED DELIVERED 221 295.00-298.00 295.00-298.00 296.91 HEIFERS DRESSED FOB No reportable trade COMMENTS: At the time of this close a light trade had been reported in the North at mostly $295, steady with last week's weighted averages. A few deals were marked at $298 and $300. Only a small amount of business had been reported in Kansas, at mostly $180, steady with last week's weighted average, with a handful reported at $185. Texas had yet to move any cash cattle. 5-AREA LV STR AVG(FOB)PR&WT: $188.56(1487) HIDE&OFFAL: $13.56 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $281.45 $257.96 66,210 DEMAND (Box) $290.61 $265.23 38,752 INDEX VALUE $286.03 +0.41 $261.59 -0.17 104,962 *Due to technical difficulties at the USDA on Thursday, August 10, 2023 the Beef Carcass Price Equivalent Index Value report was not released. See Thursday's Report information below.* SUPPLY (Live) $281.21 $257.73 67,765 DEMAND (Box) $290.03 $265.80 42,371 INDEX VALUE $285.62 -0.70 $261.76 -0.12 110,136 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $302.61 +0.58 $277.23 -0.57 51.23 LDS CH CUTS / 10.31 LDS SEL CUTS / 0.00 LDS TRIM / 11.34 LDS GROUND DAILY CHOICE/SELECT SPREAD $25.38 TOTAL LOAD COUNT 73 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/04 $301.15 +1.89 CUTTER 90% 350# UP C/O: $234.58 +0.31 NAT'L BONELESS BF TRIM: 31.98 lds / Not fully established 90% TRIM: 18 lds: Wtd Avg: $295.91 / Slightly higher FI KILL(WTD) FRI 109(600) WK AGO 113(607) YR AGO 117(610) MIX: THU SH96/CB26 SAT 3(603) WK AGO 6(613) YR AGO 35(645) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 07/29/23 2,985 6,894 Week Ending: 07/22/23 3,227 5,933 Change from prev week: -242 +961