DTN Cattle Close/Trends 07/03 13:30

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/03/24 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: 200 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 222 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: 727 WEEK TO DATE: 1,046 STEERS DRESSED DELIVERED 30 308.00-308.00 308.00-308.00 308.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Another quiet day in cash cattle country with just a handful of trade reported in parts of Iowa at $308, but certainly not enough business to establish any kind of a trend for the week. It looks like trade will be delayed until sometime Friday. 5-AREA LV STR AVG(FOB)PR&WT: $191.56(1378) HIDE&OFFAL: $11.98 +0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $297.66 $277.77 53,244 DEMAND (Box) $317.84 $292.38 39,766 INDEX VALUE $307.75 -0.32 $285.07 -1.09 93,010 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $330.39 +1.21 $306.48 +0.07 60.77 LDS CH CUTS / 25.56 LDS SEL CUTS / 7.93 LDS TRIM / 20.73 LDS GROUND DAILY CHOICE/SELECT SPREAD $23.91 TOTAL LOAD COUNT 115 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/28 $318.44 +2.06 CUTTER 90% 350# UP C/O: $293.48 +3.46 NAT'L BONELESS BF TRIM: 13.10 lds / Mostly shrply lr on lt dem & offers 90% TRIM: 06 lds: Wtd Avg: $375.67 / Sharply higher on a light test FI KILL(WTD) WED 120(353) WK AGO 117(353) YR AGO 126(206) Previous Day Breakdown: TUESDAY SH 95 / CB 23 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 06/22/24 3,068 9,025 Week Ending: 06/15/24 2,932 7,368 Change from prev week: +136 +1,657