DTN Cattle Close/Trends 08/23 15:35
23 Aug 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/23/23 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: 0 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: 1,211 WEEK TO DATE: 1,211 STEERS DRESSED DELIVERED 321 292.00-292.00 292.00-292.00 292.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 40 292.00-292.00 292.00-292.00 292.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Yet another rather quiet day in the country with the cash cattle trade at a near standstill. A few bids were noted in parts of Nebraska at $290, but they were passed. Asking prices have yet to be established. Significant trade volume will likely be delayed Thursday or Friday. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $13.66 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $277.98 $253.75 47,237 DEMAND (Box) $305.05 $279.59 34,568 INDEX VALUE $291.52 -0.20 $266.67 +0.84 81,805 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $317.05 Unchg $291.59 +2.08 64.51 LDS CH CUTS / 33.04 LDS SEL CUTS / 0.00 LDS TRIM / 11.68 LDS GROUND DAILY CHOICE/SELECT SPREAD $25.46 TOTAL LOAD COUNT 109 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/18 $301.73 +4.56 CUTTER 90% 350# UP C/O: $241.24 +1.28 NAT'L BONELESS BF TRIM: 12.94 lds / Not fully established. 90% TRIM: 12 lds: Wtd Avg: $305.93 / Moderately to sharply higher FI KILL(WTD) WED 118(364) WK AGO 123(367) YR AGO 124(374) MIX: TUE SH98/CB26 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