DTN Cattle Close/Trends 06/03 15:40
3 Jun 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/03/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 8,526 WEEK TO DATE: 14,910 STEERS LIVE FOB 2,279 110.00-117.00 110.00-117.00 114.16 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,446 109.00-117.00 109.00-117.00 114.19 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 19,749 WEEK TO DATE: 32,760 STEERS DRESSED DELIVERED 8,505 173.00-185.00 173.00-185.00 181.59 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 2,124 175.00-185.00 175.00-185.00 181.56 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 4,215 WEEK TO DATE: 6,395 STEERS LIVE FOB 2,043 110.50-117.00 110.50-117.00 116.37 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,686 117.00-117.00 117.00-117.00 117.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Trade not available due to confidentiality STEERS LIVE DELIVERED Trade not available due to confidentiality HEIFERS LIVE FOB Trade not available due to confidentiality HEIFERS LIVE DELIVERED Trade not available due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 6,878 WEEK TO DATE: 19,318 STEERS DRESSED DELIVERED 3,684 175.00-185.00 175.00-185.00 180.12 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 2,530 175.00-185.00 175.00-185.00 183.48 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade in most areas today, with Southern live deals at mostly $117, generally steady with last week's weighted average, but roughly $1 lower than the bulk of Monday's business. Northern dressed trade was at mostly $185, about steady with last week's weighted average basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $114.14(1496) HIDE&OFFAL: $7.12 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $178.00 $158.38 111,883 BOX BASED $283.90 $264.78 52,391 AVE INDEX $230.95 -11.69 $211.58 -7.17 164,274 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $295.90 -22.83 $276.78 -13.80 76.65 LDS CH CUTS / 24.91 LDS SEL CUTS / 18.89 LDS TRIM / 20.55 LDS GROUND BOXED BEEF TREND: Not available due to technical difficulties COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/29 $368.85 -25.88 CUTTER 90% 350# UP C/O: $227.87 -8.82 NAT'L BONELESS BF TRIM: 65.73 lds / Mostly shrply lr on lt dem & hvy offers 90% TRIM: 24 lds: Wtd Avg $291.50 / Sharply lower FI KILL(WTD) WED 114(340) WK AGO 110(220) YR AGO 120(360) MIX: TUE SH92/CB24 *** REVISION ** TUE 116(226) ** REVISION *** WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 05/23/20 2,362 12,702 Week Ending: 05/16/20 3,784 11,692 Change from prev week: -1,422 +1,010