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DTN Cattle Close/Trends 06/12 15:35

12 Jun 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/12/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 792 WEEK TO DATE: 792 STEERS LIVE FOB 94 185.00-185.00 185.00-185.00 185.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 546 185.00-185.00 185.00-185.00 185.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 1,904 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: 951 WEEK TO DATE: 951 STEERS LIVE FOB 540 185.00-186.00 185.00-186.00 185.50 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 317 185.00-186.00 185.00-186.00 185.72 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: 25 WEEK TO DATE: 25 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: A fairly quiet day in the country with just a handful of cash cattle trade in the South. Most asking prices were around $187 to $188 in Kansas and Texas, but not established in Nebraska and Iowa. Significant trade volume will be delayed until Thursday or Friday. 5-AREA LV STR AVG(FOB)PR&WT: $190.00(1400) HIDE&OFFAL: $11.57 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $284.00 $269.74 44,921 DEMAND (Box) $305.60 $286.93 46,306 INDEX VALUE $294.80 -0.30 $278.34 -0.83 91,227 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $317.60 -0.61 $298.93 -1.69 75.19 LDS CH CUTS / 35.74 LDS SEL CUTS / 0.00 LDS TRIM / 13.01 LDS GROUND DAILY CHOICE/SELECT SPREAD $18.67 TOTAL LOAD COUNT 124 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/31 $310.69 +2.57 CUTTER 90% 350# UP C/O: $279.15 -1.03 NAT'L BONELESS BF TRIM: 13.88 lds / Not fully established 90% TRIM: 03 lds: Wtd Avg: $357.19 / Moderately lower on a lt test FI KILL(WTD) WED 123(367) WK AGO 124(367) YR AGO 127(377) Previous Day Breakdown: Tuesday SH100 / CB23 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 06/01/24 3,474 7,651 Week Ending: 05/25/24 3,994 7,571 Change from prev week: -520 +80