DTN Cattle Close/Trends 08/11 15:30
11 Aug 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/11/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 13,885 WEEK TO DATE: 14,458 STEERS LIVE FOB 5,684 138.00-140.00 138.00-140.00 139.86 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 4,167 138.00-140.00 138.00-140.00 139.89 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,587 WEEK TO DATE: 7,142 STEERS DRESSED DELIVERED 565 229.00-232.00 229.00-232.00 229.73 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 78 229.00-229.00 229.00-229.00 229.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 6,173 WEEK TO DATE: 6,373 STEERS LIVE FOB 3,729 138.00-140.00 138.00-140.00 139.86 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,296 138.00-140.00 138.00-140.00 139.40 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB NA due to confidentiality STEERS LIVE DELIVERED NA due to confidentiality HEIFERS LIVE FOB NA due to confidentiality HEIFERS LIVE DELIVERED NA due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 3,044 WEEK TO DATE: 30,055 STEERS DRESSED DELIVERED 760 229.00-232.00 229.00-236.00 232.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 193 229.00-229.00 229.00-229.00 229.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Light to moderate live business developed in the South today, at $140, roughly $3.50 to $4.50 higher than last week's weighted averages. Some light dressed trade was also reported in parts of the North, at generally steady money with yesterday's advance. Wednesday a light to moderate trade took place at mostly $229, about $2 higher than last week's weighted average basis Nebraska. While a little cleanup trade may take place tomorrow, it is looking like the bulk of transactions are essentially done for the week. 5-AREA LV STR AVG(FOB)PR&WT: $146.00(1480) HIDE&OFFAL: $13.79 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $213.78 $189.22 102,145 DEMAND (Box) $251.10 $225.46 44,551 INDEX VALUE $232.44 +1.58 $207.34 +1.84 146,696 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $263.10 -0.13 $237.46 +0.38 56.24 LDS CH CUTS / 25.02 LDS SEL CUTS / 3.61 LDS TRIM / 18.30 LDS GROUND DAILY CHOICE/SELECT SPREAD $25.64 TOTAL LOAD COUNT 103 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/05 $264.95 -1.28 CUTTER 90% 350# UP C/O: $214.10 +0.79 NAT'L BONELESS BF TRIM: 20.95 lds / Unevenly steady on lt dem & offers 90% TRIM: 15 lds: Wtd Avg: $269.75 / Firm to higher FI KILL(WTD) THU 125(496) WK AGO 125(497) YR AGO 116(463) MIX: WED SH97/CB29 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 07/30/22 3,320 7,319 Week Ending: 07/23/22 1,780 8,805 Change from prev week: +1,540 -686