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DTN Cattle Close/Trends 06/10 15:45

10 Jun 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/10/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 3,617 WEEK TO DATE: 3,691 STEERS LIVE FOB 2,132 108.00-108.00 108.00-108.00 108.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 841 107.00-108.00 107.00-108.00 107.95 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 8,017 WEEK TO DATE: 15,633 STEERS DRESSED DELIVERED 2,683 165.00-172.00 165.00-172.00 170.35 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 1,144 165.00-172.00 165.00-172.00 167.88 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 3,890 WEEK TO DATE: 4,313 STEERS LIVE FOB 1,769 98.00-108.00 98.00-108.00 104.89 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,798 104.00-108.00 104.00-108.00 107.28 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: 410 WEEK TO DATE: 6,451 STEERS DRESSED DELIVERED 89 165.00-165.00 165.00-165.00 165.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 42 165.00-165.00 165.00-165.00 165.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade in the North at mostly $172, $8 lower than last week's weighted average basis Nebraska. A light trade was also reported in the South at $108, $4 lower than last week's weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $102.51(1400) HIDE&OFFAL: $7.14 -0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $171.04 $149.51 94,877 BOX BASED $224.06 $210.84 77,324 AVE INDEX $197.55 -6.44 $180.17 -3.53 172,201 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $236.06 -10.94 $222.84 -5.11 145.23 LDS CH CUTS / 47.11 LDS SEL CUTS / 16.46 LDS TRIM / 47.44 LDS GROUND BOXED BEEF TREND: Not available due to technical difficulties COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/05 $307.39 -61.46 CUTTER 90% 350# UP C/O: $214.00 -7.73 NAT'L BONELESS BF TRIM: 57.54 lds / Unevenly stdy on mod dem & offers 90% TRIM: 20 lds: Wtd Avg $273.96 / Sharply lower FI KILL(WTD) TUE 117(234) WK AGO 116(226) YR AGO 122(241) MIX: MON SH94/CB23 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