DTN Cattle Close/Trends 06/15 15:40
15 Jun 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/15/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 552 WEEK TO DATE: 552 STEERS LIVE FOB 114 98.00-98.00 98.00-98.00 98.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 247 100.00-100.00 100.00-100.00 100.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 5,612 WEEK TO DATE: 5,612 STEERS DRESSED DELIVERED 2,224 159.00-167.00 159.00-167.00 164.04 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 970 160.00-167.00 160.00-167.00 163.47 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 467 WEEK TO DATE: 467 STEERS LIVE FOB 191 100.00-100.00 100.00-100.00 100.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 276 100.00-100.00 100.00-100.00 100.00 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: 1,099 WEEK TO DATE: 1,099 STEERS DRESSED DELIVERED 827 167.00-167.00 167.00-167.00 167.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 190 167.00-167.00 167.00-167.00 167.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade in the North with dressed deal marked from $159 to $167, Nebraska's weighted average today was $164.04, just over $3 lower than last week's weighted average. The South saw a very light trade with live deals marked at $98 to $100 Kansas had a weighted average today of $98, over $7 lower than last week's weighted average. Texas had a weighted average today of $100, almost $3.50 lower than last week's weighted average. It is looking like it will be yet another week of huge price ranges. 5-AREA LV STR AVG(FOB)PR&WT: $102.06(1463) HIDE&OFFAL: $7.06 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $160.78 $142.23 75,690 BOX BASED $216.61 $202.35 74,013 AVE INDEX $188.69 -2.64 $172.29 -2.59 149,703 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $228.61 -2.03 $214.35 -4.92 98.75 LDS CH CUTS / 28.65 LDS SEL CUTS / 13.78 LDS TRIM / 24.52 LDS GROUND BOXED BEEF TREND: Not available due to technical difficulties COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/12 $248.66 -58.73 CUTTER 90% 350# UP C/O: $217.08 +5.77 NAT'L BONELESS BF TRIM: 48.26 lds / Shrply lr on lt dem & mod offers 90% TRIM: 05 lds: Wtd Avg $281.00 / Sharply higher FI KILL(WTD) MON 119 WK AGO 117 YR AGO 120 MIX: FRI SH91/CB24 SAT SH60/CB16 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 05/30/20 2,047 10,000 Week Ending: 05/23/20 2,362 12,702 Change from prev week: -315 -2,702