DTN Cattle Close/Trends 06/16 15:30

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/16/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 6,031 WEEK TO DATE: 10,406 STEERS LIVE FOB 3,440 140.00-140.00 140.00-140.00 140.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,654 140.00-140.00 140.00-140.00 140.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,549 WEEK TO DATE: 36,037 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 1,222 WEEK TO DATE: 5,974 STEERS LIVE FOB 955 140.00-140.00 140.00-140.00 140.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 72 140.00-140.00 140.00-140.00 140.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 341 WEEK TO DATE: 2,070 STEERS LIVE FOB 277 145.00-145.00 145.00-145.00 145.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 1,735 WEEK TO DATE: 28,832 STEERS DRESSED DELIVERED 549 228.00-235.00 228.00-235.00 232.87 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 353 230.00-232.00 230.00-232.00 231.18 HEIFERS DRESSED FOB No reportable trade COMMENTS: A little light trade today mostly in the South at $140. So far this week, Southern live business has been at mostly $136 to $140 steady to $4 higher than last week's weighted averages. Northern dressed deals have had a full range of $223 to $236, mostly $230, roughly $4 higher than last week's weighted average basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $144.89(1416) HIDE&OFFAL: $13.73 +0.07 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $212.72 $192.80 80,917 DEMAND (Box) $255.16 $233.38 44,989 INDEX VALUE $233.94 +0.24 $213.09 +0.62 125,906 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $267.16 -1.06 $245.38 -0.30 90.17 LDS CH CUTS / 16.57 LDS SEL CUTS / 9.55 LDS TRIM / 11.75 LDS GROUND DAILY CHOICE/SELECT SPREAD $21.78 TOTAL LOAD COUNT 128 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/10 $264.14 -0.27 CUTTER 90% 350# UP C/O: $220.15 +0.14 NAT'L BONELESS BF TRIM: 37.57 lds / Shrply lr on lt-mod dem & offers 90% TRIM: 11 lds: Wtd Avg: $275.30 / Steady to weak FI KILL(WTD) THU 127(495) WK AGO 126(503) YR AGO 121(481) MIX: WED SH96/CB30 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