DTN Cattle Close/Trends 07/18 16:13

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/18/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 256 WEEK TO DATE: 7,360 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: 6,448 WEEK TO DATE: 6,528 STEERS DRESSED DELIVERED 3,499 309.00-310.00 309.00-310.00 309.93 STEERS DRESSED FOB 180 314.00-314.00 314.00-314.00 314.00 HEIFERS DRESSED DELIVERED 727 310.00-310.00 310.00-310.00 310.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 578 WEEK TO DATE: 7,204 STEERS LIVE FOB 431 186.00-188.00 186.00-188.00 187.40 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 147 188.00-188.00 188.00-188.00 188.00 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: 6,283 WEEK TO DATE: 7,062 STEERS DRESSED DELIVERED 1,180 310.00-310.00 310.00-310.00 310.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 40 310.00-310.00 310.00-31.00 310.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: The board's weakness trickled into today's cash cattle market as some Northern feedlots let cattle trade for $310, which is $2.00 lower than last week's weighted average. A large percentage of the cattle were also bought with time, for the weeks of July 29th and August 5th. 5-AREA LV STR AVG(FOB)PR&WT: $188.370(1358) HIDE&OFFAL: $11.56 Unchd CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $295.57 $273.85 33,235 DEMAND (Box) $304.15 $287.46 50,849 INDEX VALUE $299.86 -1.71 $280.66 -0.19 84,084 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $316.15 -2.01 $299.46 -1.02 107.31 LDS CH CUTS / 29.38 LDS SEL CUTS / 9.33 LDS TRIM / 27.66 LDS GROUND DAILY CHOICE/SELECT SPREAD $16.69 TOTAL LOAD COUNT 174 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/12 $320.79 -3.68 CUTTER 90% 350# UP C/O: $295.04 +0.24 NAT'L BONELESS BF TRIM: 59.12 lds / Mod lwr on lgt dem & mod offers 90% TRIM: 22 lds: Wtd Avg: $375.44 / Unevenly steady FI KILL(WTD) THR 115(475) WK AGO 122(476) YR AGO 124(493) WED: 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