DTN Cattle Close/Trends 06/07 15:35

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/07/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 881 WEEK TO DATE: 7,768 STEERS LIVE FOB 593 185.00-185.00 185.00-185.00 185.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 116 185.00-185.00 185.00-185.00 185.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,654 WEEK TO DATE: 1,654 STEERS DRESSED DELIVERED 387 300.00-301.00 300.00-301.00 300.48 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 96 WEEK TO DATE: 1,588 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 96 185.00-185.00 185.00-185.00 185.00 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: 6,513 WEEK TO DATE: 11,653 STEERS DRESSED DELIVERED 1,173 298.00-301.00 298.00-301.00 299.60 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 319 298.00-300.00 298.00-300.00 299.25 HEIFERS DRESSED FOB No reportable trade COMMENTS: This week Southern live trade was at mostly $185, roughly $1 lower than last week's weighted averages. Northern dressed business didn't start until late this afternoon and was at mostly $300 to $301, steady to $1 lower than last week's weighted average. These sales came in after the Mandatory cutoff so it Monday before we can get a good handle on weighted averages and trade volume totals. 5-AREA LV STR AVG(FOB)PR&WT: $186.72(1437) HIDE&OFFAL: $11.45 +0.16 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $288.09 $275.00 54,383 DEMAND (Box) $304.75 $289.14 44,169 INDEX VALUE $296.42 -0.14 $282.07 -0.26 98,552 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $316.75 +0.54 $301.14 +0.31 89.86 LDS CH CUTS / 13.13 LDS SEL CUTS / 5.91 LDS TRIM / 10.57 LDS GROUND DAILY CHOICE/SELECT SPREAD $15.61 TOTAL LOAD COUNT 119 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/31 $310.69 +2.57 CUTTER 90% 350# UP C/O: $279.12 -1.47 NAT'L BONELESS BF TRIM: 33.65 lds / Shrply lr on lt dem & offers 90% TRIM: 11 lds: Wtd Avg: $356.10 / Mostly sharply lower FI KILL(WTD) FRI 118(607) WK AGO 122(497) YR AGO 116(610) SAT 7(614) WK AGO 43(540) YR AGO 7(617) Previous Day Breakdown: WED SH 101 / CB 23 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 05/25/24 3,994 7,571 Week Ending: 05/18/24 4,387 8,528 Change from prev week: -393 -957