DTN Cattle Close/Trends 07/08 16:09
8 Jul 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/08/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,132 WEEK TO DATE: 17,805 STEERS LIVE FOB 1,483 118.00-119.00 118.00-119.00 118.81 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 45 118.00-118.00 118.00-118.00 118.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 5,464 WEEK TO DATE: 17,552 STEERS DRESSED DELIVERED 2,200 196.00-198.00 196.00-198.00 196.94 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 920 196.00-202.00 196.00-202.00 197.77 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 193 WEEK TO DATE: 7,480 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 183 120.00-120.00 120.00-120.00 120.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Not available due to confidentiality STEERS LIVE DELIVERED Not available due to confidentiality HEIFERS LIVE FOB Not available due to confidentiality HEIFERS LIVE DELIVERED Not available due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 5,544 WEEK TO DATE: 16,554 STEERS DRESSED DELIVERED 1,185 196.00-200.00 196.00-200.00 197.32 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 110 196.50-198.00 196.5-198.00 197.29 HEIFERS DRESSED FOB No reportable trade COMMENTS: There was some more cash cattle trade that developed throughout Thursday's trade, mostly steady with Wednesday's prices, but there were a lot of Northern cattle that sold with time. It was common to see cattle in Nebraska and Iowa sell for delivery on the weeks of 7/19/2021 and 7/26/2021. It's likely that the bulk of this week's trade is done other than some clean up trade that could develop throughout Friday. If any cattle do trade it will be for steady prices with the week's average. 5-AREA LV STR AVG(FOB)PR&WT:$121.00(1433) HIDE&OFFAL: $12.83 unchgd CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $182.84 $156.94 90,949 BOX BASED $269.97 $248.06 48,653 AVE INDEX $226.41 -1.92 $202.50 -1.47 139,602 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $281.97 -2.93 $260.06 -2.02 82.91 LDS CH CUTS / 19.93 LDS SEL CUTS / 9.87 LDS TRIM / 17.53 LDS GROUND DAILY CHOICE/SELECT SPREAD $22.82 TOTAL LOAD COUNT 158 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/03 $290.63 -15.09 CUTTER 90% 350# UP C/O: $229.76 -0.35 NAT'L BONELESS BF TRIM: 57.35 lds / Slghtly-mod lwr on lgt dem-moder offers 90% TRIM: 23 lds: Wtd Avg $280.19 / Slightly lower FI KILL(WTD) THURS 120(367) WK AGO 119(477) YR AGO 118(467) MIX: WED SH95/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 06/26/21 1,818 4,114 Week Ending: 06/19/21 1,721 4,206 Change from prev week: +97 -92