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DTN Cattle Close/Trends 06/21 15:40

21 Jun 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/21/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 584 WEEK TO DATE: 833 STEERS LIVE FOB No reportable live trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,202 WEEK TO DATE: 2,470 STEERS DRESSED DELIVERED 1,355 310.00-312.00 310.00-312.00 310.50 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 230 310.00-312.00 310.00-312.00 310.63 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 80 WEEK TO DATE: 503 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: 3,991 WEEK TO DATE: 5,529 STEERS DRESSED DELIVERED 787 306.00-310.00 306.00-310.00 308.85 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 40 308.00-308.00 308.00-308.00 308.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade developed in all areas, but mostly after the Mandatory cutoff. Northern dressed deals had a range of $310 to $312, $4 to $6 higher than last week's weighted average. Southern live deals were at $189 to $191, $3 to $5 higher than last week's weighted averages. It is a safe bet that all weekly weighted average high prices will be broken when summary reports are released Monday. 5-AREA LV STR AVG(FOB)PR&WT: $195.11(1474) HIDE&OFFAL: $11.88 +0.22 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $293.87 $278.29 12,477 DEMAND (Box) $310.39 $291.11 48,276 INDEX VALUE $302.13 +1.22 $284.70 +0.82 60,753 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $322.39 -0.48 $303.11 -1.29 86.76 LDS CH CUTS / 25.01 LDS SEL CUTS / 9.20 LDS TRIM / 10.33 LDS GROUND DAILY CHOICE/SELECT SPREAD $19.28 TOTAL LOAD COUNT 131 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/14 $310.19 -1.89 CUTTER 90% 350# UP C/O: $285.77 -1.73 NAT'L BONELESS BF TRIM: 46.00 lds / Unevenly stdy on mod dem & offers 90% TRIM: 22 lds: Wtd Avg: $363.67 / Mostly moderately lower FI KILL(WTD) FRI 120(601) WK AGO 119(608) YR AGO 120(624) SAT 19(620) WK AGO 7(615) YR AGO 25(649) Previous Day Breakdown: THURSDAY SH 98 / CB 23 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 06/08/24 4,181 6,834 Week Ending: 06/01/24 3,474 7,651 Change from prev week: +707 -817