DTN Cattle Close/Trends 07/05 17:55

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/05/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,397 WEEK TO DATE: 5,595 STEERS LIVE FOB 633 190.00-190.00 190.00-190.00 190.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 130 190.00-190.00 190.00-190.00 190.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 596 WEEK TO DATE: 1,773 STEERS DRESSED DELIVERED 283 312.00-312.00 312.00-312.00 312.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 2,740 WEEK TO DATE: 2,962 STEERS LIVE FOB 1,531 190.00-190.00 190.00-190.00 190.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 805 190.00-190.00 190.00-190.00 190.00 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: 1,809 WEEK TO DATE: 4,453 STEERS DRESSED DELIVERED 790 310.00-315.00 310.00-315.00 313.38 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 142 312.00-312.00 312.00-312.00 312.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: At the time of this close only a light trade had been reported in parts of the South, at $190, fully steady with last week's weighted averages. Only some light scattered business had been reported in the North. Definitely not enough to establish an accurate trend for the week. UPDATES: 15:50 - Some bids of $315 bids are now being reported in parts of Nebraska. 16:30 - Trade is now being reported in parts of Nebraska at $314 to $315, steady to $1 higher than last week's weighted average. 17:50 - It looks like the majority of Northern dress deals have been marked at $314, about steady with last week's weighted average, basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $195.80(1488) HIDE&OFFAL: $11.98 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $297.64 $277.75 55,917 DEMAND (Box) $318.43 $293.06 37,707 INDEX VALUE $308.04 +0.29 $285.40 +0.33 93,624 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $330.43 +0.59 $305.06 +0.68 51.34 LDS CH CUTS / 13.14 LDS SEL CUTS / 18.63 LDS TRIM / 6.07 LDS GROUND DAILY CHOICE/SELECT SPREAD $25.37 TOTAL LOAD COUNT 89 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/28 $318.44 +2.06 CUTTER 90% 350# UP C/O: $291.74 -1.74 NAT'L BONELESS BF TRIM: 50.52 lds / Shrply lr on lt dem & hvy offers 90% TRIM: 13 lds: Wtd Avg: $371.51 / Sharply lower FI KILL(WTD) THU 6(359) WK AGO 121(474) YR AGO 127(334) FRI 116(475) WK AGO 119(593) YR AGO 126(459) SAT 42(517) WK AGO 16(609) YR AGO 77(536) Previous Day Breakdown: THURSDAY SH 04 / CB 02 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