DTN Cattle Close/Trends 09/07 15:57

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 09/07/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 787 WEEK TO DATE: 974 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 37 WEEK TO DATE: 37 STEERS LIVE FOB 37 141.00-141.00 141.00-141.00 141.00 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 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: 99 WEEK TO DATE: 174 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: The cash cattle market didn't see much interest throughout Wednesday's market as feedlots and packers are in a deadlock. Feedlots know that packers need to buy cattle in order to keep from getting short bought, but packers also know that if there's a time to pump the breaks on this year's cash cattle market, that now is the time to do so. 5-AREA LV STR AVG(FOB)PR&WT: N/A HIDE&OFFAL: $13.92 +0.12 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $211.39 $187.78 60,636 DEMAND (Box) $249.34 $225.51 52,268 INDEX VALUE $230.37 +0.34 $206.64 -1.00 112,904 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $261.34 +0.87 $237.51 -1.79 121.05 LDS CH CUTS / 42.46 LDS SEL CUTS / 23.11 LDS TRIM / 30.94 LDS GROUND DAILY CHOICE/SELECT SPREAD $23.83 TOTAL LOAD COUNT 218 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 09/02 $259.97 -3.81 CUTTER 90% 350# UP C/O: $212.18 -0.42 NAT'L BONELESS BF TRIM: 36.06 lds / Shrply lwr on lgt dem & hvy offers 90% TRIM: 6 lds: Wtd Avg: $267.59 / Weak to lower FI KILL(WTD) WED 128(258) WK AGO 125(373) YR AGO 122(245) MIX: MON SH101/CB26 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 08/27/22 4,395 7,407 Week Ending: 08/20/22 3,078 7,000 Change from prev week: +1,307 +407