DTN Cattle Close/Trends 08/25 15:45

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/25/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 7,796 WEEK TO DATE: 7,953 STEERS LIVE FOB 4,421 178.00-179.00 178.00-179.00 178.96 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,173 179.00-179.00 179.00-179.00 179.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,044 WEEK TO DATE: 20,465 STEERS DRESSED DELIVERED 80 295.00-295.00 295.00-295.00 295.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 192 295.00-295.00 295.00-295.00 295.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 7,265 WEEK TO DATE: 7,265 STEERS LIVE FOB 4,439 178.00-179.00 178.00-179.00 178.72 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,123 178.00-179.00 178.00-179.00 178.75 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: 3,666 WEEK TO DATE: 14,493 STEERS DRESSED DELIVERED 464 292.00-295.00 292.00-295.00 294.06 STEERS DRESSED FOB 175 292.00-292.00 292.00-292.00 292.00 HEIFERS DRESSED DELIVERED 121 292.00-292.00 292.00-292.00 292.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light to moderate trade was reported in most area this week, with Northern dressed deals ranging from $290 to $295, mostly $292, $3 lower than last week's weighted average basis Nebraska. Southern live business was marked at mostly $179, generally steady with the prior week's weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $185.17(1484) HIDE&OFFAL: $13.66 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $277.70 $253.47 32,769 DEMAND (Box) $305.90 $280.67 33,795 INDEX VALUE $291.80 -0.25 $267.07 Unchg 66,564 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $317.90 +0.27 $292.67 +0.76 61.07 LDS CH CUTS / 10.59 LDS SEL CUTS / 0.00 LDS TRIM / 7.66 LDS GROUND DAILY CHOICE/SELECT SPREAD $25.23 TOTAL LOAD COUNT 79 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/18 $301.73 +4.56 CUTTER 90% 350# UP C/O: $240.51 -1.62 NAT'L BONELESS BF TRIM: 37.45 lds / Not fully established 90% TRIM: 17 lds: Wtd Avg: $304.41 / Moderately to sharply lower FI KILL(WTD) FRI 122(610) WK AGO 118(607) YR AGO 123(621) MIX: THU SH98/CB26 SAT 16(626) WK AGO 9(616) YR AGO 57(678) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 08/12/23 2,080 7,602 Week Ending: 08/05/23 2,676 7,126 Change from prev week: -596 +476