DTN Cattle Close/Trends 07/08 15:30
8 Jul 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/08/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 638 WEEK TO DATE: 10,779 STEERS LIVE FOB 504 137.00-137.00 137.00-137.00 137.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 74 137.00-137.00 137.00-137.00 137.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 161 WEEK TO DATE: 22,281 STEERS DRESSED DELIVERED 161 230.00-232.00 230.00-232.00 231.01 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 544 WEEK TO DATE: 7,881 STEERS LIVE FOB 188 137.00-137.00 137.00-137.00 137.00 STEERS LIVE DELIVERED 37 138.00-138.00 138.00-138.00 138.00 HEIFERS LIVE FOB 212 137.00-137.00 137.00-137.00 137.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade due to confidential STEERS LIVE DELIVERED No reportable trade due to confidential HEIFERS LIVE FOB No reportable trade due to confidential HEIFERS LIVE DELIVERED No reportable trade due to confidential IOWA CONFIRMED CASH SALES - TODAY: 1,178 WEEK TO DATE: 17,617 STEERS DRESSED DELIVERED 158 230.00-232.00 230.00-232.00 230.48 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 80 232.00-232.00 232.00-232.00 232.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: The live cattle market came up short this past week as even though the market's price spreads in the cash market showed that some cattle sold higher than a week ago, the market's weighted averages came in slightly lower than last week and on thin movement. Throughout the week in the Northern Plains live cattle traded for $145 to $150 and dressed Northern cattle sold for $230 to $234, and Southern live cattle traded for $137 -- all prices coming in steady to about $1.00 lower than last week. 5-AREA LV STR AVG(FOB)PR&WT: $143.14(1426)HIDE&OFFAL: $13.71 -0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $214.91 $194.99 61,142 DEMAND (Box) $255.89 $229.85 41,047 INDEX VALUE $235.40 -0.78 $212.42 -1.05 102,189 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $267.89 -0.18 $241.85 -0.73 45.07 LDS CH CUTS / 23.28 LDS SEL CUTS / 11.03 LDS TRIM / 11.43 LDS GROUND DAILY CHOICE/SELECT SPREAD $26.04 TOTAL LOAD COUNT 91 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/01 $260.97 -1.41 CUTTER 90% 350# UP C/O: $220.85 +1.32 NAT'L BONELESS BF TRIM: 26.63 lds / Stdy to Hr on mod-good dem & mod offrs 90% TRIM: 7 lds: Wtd Avg: $279.58 / FI KILL(WTD) FRI 125(505) WK AGO 121(620) YR AGO 121(494) MIX: THR SH97/CB29 SAT 88(593) WK AGO 16(636) YR AGO 87(581) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 06/25/22 2,940 8,427 Week Ending: 06/18/22 4,002 8,301 Change from prev week: -1,062 +126