DTN Cattle Close/Trends 08/11 15:55

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/11/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 246 WEEK TO DATE: 15,106 STEERS LIVE FOB 172 125.00-125.00 125.00-125.00 125.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 6,505 WEEK TO DATE: 12,844 STEERS DRESSED DELIVERED 1,520 198.00-198.50 198.00-198.50 198.04 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 885 198.00-198.00 198.00-198.00 198.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 5,526 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 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: 1,398 WEEK TO DATE: 10,185 STEERS DRESSED DELIVERED 999 197.00-200.00 197.00-200.00 197.83 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade in parts of the North today at $197 to $200, mostly $198, steady with last week's weighted average basis Nebraska, many of these cattle are set for delivery the week of August 23rd. Just a few scattered deals were reported in Kansas at $125. The bulk of Southern trade this week has been at $121. It looks like the bulk of business is done for the week in the South, but more business should need to take place in the North. 5-AREA LV STR AVG(FOB)PR&WT: $122.28(1464) HIDE&OFFAL: $14.93 +0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $178.60 $160.15 53,522 BOX BASED $305.93 $278.31 39,875 AVE INDEX $242.26 +3.27 $219.23 +0.87 93,397 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $317.93 +7.13 $290.31 +2.32 50.80 LDS CH CUTS / 9.50 LDS SEL CUTS / 6.99 LDS TRIM / 29.77 LDS GROUND DAILY CHOICE/SELECT SPREAD $27.62 TOTAL LOAD COUNT 97 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/06 $281.90 +12.59 CUTTER 90% 350# UP C/O: $233.19 +3.24 NAT'L BONELESS BF TRIM: 39.50 lds / Sharply lower on lt dem & offers 90% TRIM: 07 lds: Wtd $279.76 / Sharply higher F09FI KILL(WTD) WED 116(462) WK AGO 121(480) YR AGO 117(465) MIX: WED SH89/CB27 **** REVISION * WED 116(346) * REVISION **** WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 07/31/21 2,612 7,905 Week Ending: 07/24/21 2,309 7,199 Change from prev week: +303 +706