DTN Cattle Close/Trends 08/18 15:30

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/18/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 172 WEEK TO DATE: 8,354 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 172 182.00-182.00 182.00-182.00 182.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,047 WEEK TO DATE: 18,933 STEERS DRESSED DELIVERED 70 295.00-295.00 295.00-295.00 295.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 1,176 WEEK TO DATE: 4,729 STEERS LIVE FOB 726 178.00-178.00 178.00-178.00 178.00 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: 427 WEEK TO DATE: 26,976 STEERS DRESSED DELIVERED 40 294.00-294.00 294.00-294.00 294.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Just some light scattered trade was reported today at generally steady money with the rest of the week's business. This week Southern live deals were marked at $177 to mostly $179, roughly $1 lower than last week's weighted average. Northern dressed deals had a range of $290 to $298, mostly $294 to $295 steady to $1 lower than last week's weighted averages. The August 1 on feed report listed 11.0 million head, down 2% from August 2022. Placements in July totaled 1.62 million head, 8% below last year; marketings in July totaled 1.73 million head, 5% less than the prior year; other disappearance in July totaled 65,000 head, 16% above the same time last year. 5-AREA LV STR AVG(FOB)PR&WT: $185.41(1471) HIDE&OFFAL: $13.67 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $279.55 $255.49 91,669 DEMAND (Box) $304.11 $276.36 41,471 INDEX VALUE $291.83 +0.63 $265.92 +0.69 133,140 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $316.11 +1.97 $288.36 +2.10 60.62 LDS CH CUTS / 17.93 LDS SEL CUTS / 0.00 LDS TRIM / 13.89 LDS GROUND DAILY CHOICE/SELECT SPREAD $27.75 TOTAL LOAD COUNT 92 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/11 $297.17 -3.98 CUTTER 90% 350# UP C/O: $240.58 +3.93 NAT'L BONELESS BF TRIM: 18.76 lds / Not fully established 90% TRIM: 09 lds: Wtd Avg: $305.84 / Sharply higher FI KILL(WTD) FRI 118(607) WK AGO 109(600) YR AGO 123(625) MIX: THU SH96/CB26 SAT 9(616) WK AGO 3(603) YR AGO 40(664) 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