DTN Cattle Close/Trends 06/18 15:55

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/18/24 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: 423 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: 37 WEEK TO DATE: 105 STEERS DRESSED DELIVERED 37 305.00-305.00 305.00-305.00 305.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Another quiet day in the country with the cash trade at a complete standstill. Bids remained elusive. Some early asking prices were noted in the South at $189, but are still not established in the North. Significant trade volume will likely be delayed until much later in the week. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $NA Holiday CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD ** Not available due to the Juneteenth, Federal Holiday ** SUPPLY (Live) $XXX.XX $XXX.XX XX,XXX DEMAND (Box) $XXX.XX $XXX.XX XX,XXX INDEX VALUE $XXX.XX xX.XX $XXX.XX xX.XX XXX,XXX BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $320.70 +0.18 $303.26 -0.95 84.82 LDS CH CUTS / 21.11 LDS SEL CUTS / 8.24 LDS TRIM / 10.92 LDS GROUND DAILY CHOICE/SELECT SPREAD $17.44 TOTAL LOAD COUNT 125 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/14 $310.19 -1.89 CUTTER 90% 350# UP C/O: $287.44 +2.47 NAT'L BONELESS BF TRIM: 14.75 lds / Hr on mod-gd dem & mod offers 90% TRIM: 11 lds: Wtd Avg: $366.58 / Sharply higher FI KILL(WTD) WED 121(360) WK AGO 123(367) YR AGO 126(378) Previous Day Breakdown: MONDAY SH 100 / CB 23 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