DTN Cattle Close/Trends 07/16 15:55
16 Jul 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/16/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: WEEK TO DATE: 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: 80 WEEK TO DATE: 80 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: WEEK TO DATE: 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: WEEK TO DATE: 421 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: The cash cattle complex was quiet through Tuesday's end as no trade developed. Asking prices are still illusive but packer interest should increase on Wednesday. 5-AREA LV STR AVG(FOB)PR&WT: $195.68(1477) HIDE&OFFAL: $11.55 -0.04 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $295.40 $273.68 62,798 DEMAND (Box) $307.26 $289.59 48,038 INDEX VALUE $301.33 -1.08 $281.64 -1.58 110,836 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $319.26 -2.23 $301.59 -3.23 97.86 LDS CH CUTS / 37.03 LDS SEL CUTS / 4.37 LDS TRIM / 11.13 LDS GROUND DAILY CHOICE/SELECT SPREAD $17.67 TOTAL LOAD COUNT 150 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/12 $320.79 -3.68 CUTTER 90% 350# UP C/O: $294.44 -1.34 NAT'L BONELESS BF TRIM: 16.46 lds / Shrply hr on good dem & lgt offers 90% TRIM: 07 lds: Wtd Avg: $375.36 / Unevenly steady FI KILL(WTD) TUE 121(239) WK AGO 120(232) YR AGO 127(246) MON: SH 96 / CB 22 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 06/29/24 2,322 10,069 Week Ending: 06/22/24 3,068 9,025 Change from prev week: +136 +1,657