DTN Cattle Close/Trends 07/19 15:56

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/19/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 904 WEEK TO DATE: 8,264 STEERS LIVE FOB 428 188.50-188.50 188.50-188.50 188.50 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,332 WEEK TO DATE: 13,129 STEERS DRESSED DELIVERED 266 310.00-310.00 310.00-310.00 310.10 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 51 WEEK TO DATE: 7,658 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: 1,479 WEEK TO DATE: 18,647 STEERS DRESSED DELIVERED 58 309.00-310.00 309.00-310.00 309.38 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: All in all it was a quiet day for the cash cattle market as most of the week's trade was done on Wednesday and Thursday. Throughout the week, Southern live cattle traded at mostly $188, which is steady with the previous week's weighted average, but Northern dressed cattle traded at $310 which is $2.00 lower than last week's weighted average. It's also worth noting that packers were able to buy some cattle with time for delivery during the weeks of July 29th and August 5th. 5-AREA LV STR AVG(FOB)PR&WT: $195.51(1482) HIDE&OFFAL: $11.57 +0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $293.86 $272.15 44,863 DEMAND (Box) $301.83 $286.80 52,997 INDEX VALUE $297.85 -2.01 $279.85 -1.19 97,860 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $313.83 -2.32 $298.80 -0.66 102.13 LDS CH CUTS / 22.27 LDS SEL CUTS / 0.00 LDS TRIM / 6.58 LDS GROUND DAILY CHOICE/SELECT SPREAD $15.03 TOTAL LOAD COUNT 131 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/12 $320.79 -3.68 CUTTER 90% 350# UP C/O: $295.01 -0.03 NAT'L BONELESS BF TRIM: 7.80 lds / Not fully established 90% TRIM: 0 lds: Wtd Avg: $N/A / Unevenly steady FI KILL(WTD) FRI 103(578) WK AGO 118(594) YR AGO 115(608) THU: SH 92 / 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