DTN Cattle Close/Trends 06/24 15:30
24 Jun 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/24/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 3,030 WEEK TO DATE: 3,144 STEERS LIVE FOB 1,655 95.00-97.00 95.00-97.00 96.50 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 576 95.00-97.00 95.00-97.00 95.97 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 12,898 WEEK TO DATE: 23,366 STEERS DRESSED DELIVERED 4,512 155.00-156.00 155.00-156.00 155.85 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 2,521 155.00-156.00 155.00-156.00 155.91 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 497 WEEK TO DATE: 932 STEERS LIVE FOB 352 97.00-97.00 97.00-97.00 97.00 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: 4,083 WEEK TO DATE: 14,041 STEERS DRESSED DELIVERED 2,416 155.00-156.00 155.00-156.00 155.78 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 861 155.00-156.00 155.00-156.00 155.91 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light to moderate trade developed in several area today with Northern dressed deals at $155 to $156, mostly $156, generally $1 higher than yesterday's weighted average of $154.80, but just under $5 lower than last week's weighted average, all basis Nebraska. Southern live business was at $95 to $97, mostly $97, $4 lower than last week's weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $ 98.35(1475) HIDE&OFFAL: $7.11 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $153.92 $139.10 81,566 BOX BASED $197.69 $189.69 73,073 AVE INDEX $175.80 -1.42 $164.40 -1.30 154,639 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: $204.16 +2.34 NAT'L BONELESS BF TRIM: 35.09 lds / Shrply lr on lt dem & mod offers 90% TRIM: 14 lds: Wtd Avg $259.82 / Sharply higher FI KILL(WTD) WED 120(259) WK AGO 120(358) YR AGO 123(367) MIX: TUE SH95/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 06/13/20 880 8,274 Week Ending: 06/06/20 908 10,143 Change from prev week: -28 -1,869