DTN Cattle Close/Trends 06/15 15:50

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/15/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 539 WEEK TO DATE: 4,113 STEERS LIVE FOB 262 138.00-139.00 138.00-139.00 138.42 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 200 138.00-138.00 138.00-138.00 138.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 4,502 WEEK TO DATE: 31,584 STEERS DRESSED DELIVERED 1,383 230.00-236.00 220.00-236.00 232.34 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 240 230.00-230.00 230.00-230.00 230.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 38 WEEK TO DATE: 4,678 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: 0 WEEK TO DATE: 1,729 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 2,049 WEEK TO DATE: 20,611 STEERS DRESSED DELIVERED 81 230.00-230.00 230.00-230.00 230.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: A little light trade today at fully steady money with yesterday. So far this week, Southern live business has been at mostly $136 to $139, steady to $2 higher than last week's weighted averages. Northern dressed deals have had a full range of $223 to $232, mostly $230, roughly $4 higher than last week's weighted average basis Nebraska. Many of these dressed sales are set for delivery the weeks of June 27th and July 4th. 5-AREA LV STR AVG(FOB)PR&WT: $143.93(1430) HIDE&OFFAL: $13.66 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $211.19 $191.27 96,763 DEMAND (Box) $256.22 $233.68 43,511 INDEX VALUE $233.70 +0.65 $212.47 +0.69 140,274 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $268.22 -1.22 $245.68 -1.14 83.95 LDS CH CUTS / 31.18 LDS SEL CUTS / 6.24 LDS TRIM / 12.50 LDS GROUND DAILY CHOICE/SELECT SPREAD $22.54 TOTAL LOAD COUNT 134 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/10 $264.14 -0.27 CUTTER 90% 350# UP C/O: $220.01 -1.20 NAT'L BONELESS BF TRIM: 45.14 lds / Shrply hr on mod dem & lt offers 90% TRIM: 22 lds: Wtd Avg: $275.49 / Moderately lower FI KILL(WTD) WED 126(368) WK AGO 126(377) YR AGO 121(360) MIX: TUE SH94/CB28 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 06/04/22 4,864 8,268 Week Ending: 05/28/22 3,405 7,961 Change from prev week: +1,459 +307