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DTN Cattle Close/Trends 07/03 15:45

3 Jul 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/03/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 10,645 WEEK TO DATE: 19,459 STEERS LIVE FOB 4,971 108.00-109.00 108.00-109.00 108.99 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,893 109.00-109.00 109.00-109.00 109.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 6,320 WEEK TO DATE: 6,725 STEERS DRESSED DELIVERED 1,530 180.00-181.00 180.00-181.00 180.29 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 609 178.00-182.00 178.00-182.00 180.67 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 3,209 WEEK TO DATE: 5,893 STEERS LIVE FOB 1,644 109.00-109.00 109.00-109.00 109.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,216 109.00-109.00 109.00-109.00 109.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Not reportable due to confidentiality STEERS LIVE DELIVERED Not reportable due to confidentiality HEIFERS LIVE FOB Not reportable due to confidentiality HEIFERS LIVE DELIVERED Not reportable due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 10,246 WEEK TO DATE: 10,756 STEERS DRESSED DELIVERED 1,222 180.00-180.00 180.00-180.00 180.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 976 180.00-180.00 180.00-180.00 180.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light to moderate trade developed in most areas with Southern live deals ranging from $108 to $110, mostly $109, fully steady with last week's weighted average. Northern dressed business ranged from $178 to $182, mostly $180 roughly $1 Hr than last week's weighted average. 5-AREA LV STR AVG(FOB)PR&WT: $108.82(1373) HIDE&OFFAL: $8.48 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $170.69 $148.22 71,544 BOX BASED $207.25 $183.36 51,798 AVE INDEX $188.97 -0.84 $165.79 -0.54 123,342 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $219.25 -1.22 $195.36 -0.63 74.90 LDS CH CUTS / 32.05 LDS SEL CUTS / 11.81 LDS TRIM / 31.51 LDS GROUND BOXED BEEF TREND: Wk/lr on lt dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/28 $214.06 -0.94 CUTTER 90% 350# UP C/O: $174.15 -0.98 NAT'L BONELESS BF TRIM: 45.99 lds / Mstly shrply lr on lt-mod dem & mod offers 90% TRIM: 21 lds: Wtd Avg $223.19 / Weak to lower FI KILL(WTD) WED 122(365) WK AGO 121(363) YR AGO 1(236) MIX: TUE SH98/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 06/22/19 4,663 11,828 Week Ending: 06/15/19 4,788 10,037 Change from prev week: -125 +1,791