DTN Cattle Close/Trends 07/17 15:57
17 Jul 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/17/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 5,116 WEEK TO DATE: 6,195 STEERS LIVE FOB 1,185 187.00-188.00 187.00-188.00 187.53 STEERS LIVE DELIVERED 509 192.00-194.00 192.00-194.00 193.49 HEIFERS LIVE FOB 501 185.00-188.00 185.00-188.00 187.57 HEIFERS LIVE DELIVERED 317 194.00-194.00 194.00-194.00 194.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 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: 2,226 WEEK TO DATE: 2,206 STEERS LIVE FOB 875 188.00-188.00 188.00-188.00 188.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 637 188.00-188.00 188.00-188.00 188.00 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: 42 WEEK TO DATE: 512 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: Some live cattle sales were marked at $188 which is steady with last week's weighted average. The North has yet to trade any sizeable volume of cattle, but given that prices have remained steady in the South, it's likely that Northern feedlots will price their cattle higher this week. Asking prices for cattle left to sell remain firm at $188 in the South and asking prices in the North remain unestablished still. Packer interest should improve on Thursday. 5-AREA LV STR AVG(FOB)PR&WT: $187.70(1413) HIDE&OFFAL: $11.56 +0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $296.97 $275.25 53,081 DEMAND (Box) $306.16 $286.44 48,496 INDEX VALUE $301.57 +0.24 $280.85 -0.79 101,577 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $318.16 -1.10 $298.44 -3.15 114.03 LDS CH CUTS / 31.01 LDS SEL CUTS / 3.70 LDS TRIM / 13.80 LDS GROUND DAILY CHOICE/SELECT SPREAD $19.72 TOTAL LOAD COUNT 163 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/12 $320.79 -3.68 CUTTER 90% 350# UP C/O: $294.80 +0.36 NAT'L BONELESS BF TRIM: 07.43 lds / Shrply hr on good dem & lgt offers 90% TRIM: 00 lds: Wtd Avg: NA / Not fully established FI KILL(WTD) WED 121(360) WK AGO 122(354) YR AGO 122(368) TUE: SH 98 / CB 23 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 07/06/24 1,561 7,132 Week Ending: 06/29/24 2,322 10,069 Change from prev week: -761 -2,937