DTN Cattle Close/Trends 06/23 16:10
23 Jun 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/23/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 114 WEEK TO DATE: 114 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,415 WEEK TO DATE: 2,415 STEERS DRESSED DELIVERED 1,742 152.00-155.00 152.00-155.00 153.35 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 172 152.00-155.00 152.00-155.00 153.01 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 435 WEEK TO DATE: 435 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 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: 196 WEEK TO DATE: 196 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Cash cattle trade opted to trend lower despite the board's encouraging close. Live cattle traded in Iowa for $95 to $97 and dressed cattle in Nebraska sold for $153 to $155. Other than Nebraska, bids and asking prices are hard to come by and packer inquiry has been scarce. 5-AREA LV STR AVG(FOB)PR&WT: $ 98.55(1461) HIDE&OFFAL: $7.11 -0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $154.64 $139.82 84,810 BOX BASED $199.81 $119.57 73,403 AVE INDEX $177.22 -1.42 $165.70 -0.65 158,213 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $211.81 -2.25 $203.57 +0.73 95.57 LDS CH CUTS / 40.20 LDS SEL CUTS / 17.69 LDS TRIM / 51.99 LDS GROUND BOXED BEEF TREND: Not available due to technical difficulties COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/19 $222.69 -25.97 CUTTER 90% 350# UP C/O: $201.82 +0.42 NAT'L BONELESS BF TRIM: 36.50 lds / Sharply hgr on good dem & hvy offers. 90% TRIM: 00 lds: Wtd Avg $No Test/ Weak to lower FI KILL(WTD) TUES 120(239) WK AGO 119(238) YR AGO 123(244) MIX: MON SH95/CB24 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 06/06/20 908 10,143 Week Ending: 05/30/20 2,047 10,000 Change from prev week: -1,139 +143