DTN Cattle Close/Trends 08/16 16:25

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/16/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 4,833 WEEK TO DATE: 6,991 STEERS LIVE FOB 2,592 178.00-179.00 178.00-179.00 178.98 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,129 179.00-179.00 179.00-179.00 179.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,559 WEEK TO DATE: 3,249 STEERS DRESSED DELIVERED 471 295.00-295.00 295.00-295.00 295.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 808 WEEK TO DATE: 1,464 STEERS LIVE FOB 447 179.00-179.00 179.00-179.00 179.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 248 179.00-179.00 179.00-179.00 179.00 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: 1,159 WEEK TO DATE: 10,136 STEERS DRESSED DELIVERED 148 298.00-298.00 298.00-298.00 298.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade was reported in the South, with live deals marked at $179, roughly $1 lower than last week's weighted averages. In the North just a handful of business was reported with dressed deals at $295 to $298, and $187 to $188, but these Northern transactions were not enough to established an accurate trend for the week. 5-AREA LV STR AVG(FOB)PR&WT: $184.50(1430) HIDE&OFFAL: $13.67 +0.10 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $281.07 $257.01 66,262 DEMAND (Box) $296.99 $272.77 40,570 INDEX VALUE $289.03 +0.79 $264.89 +0.79 106,832 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $308.99 +1.73 $284.77 +1.74 59.67 LDS CH CUTS / 31.89 LDS SEL CUTS / 10.52 LDS TRIM / 15.57 LDS GROUND DAILY CHOICE/SELECT SPREAD $24.22 TOTAL LOAD COUNT 118 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/11 $297.17 -3.98 CUTTER 90% 350# UP C/O: $239.34 +2.47 NAT'L BONELESS BF TRIM: 32.22 lds / Mostly shrply hr on gd dem & mod offers 90% TRIM: 14 lds: Wtd Avg: $303.65 / Sharply higher FI KILL(WTD) WED 123(367) WK AGO 122(369) YR AGO 127(375) MIX: TUE SH98/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 08/05/23 2,676 7,126 Week Ending: 07/29/23 2,985 6,894 Change from prev week: -309 +232