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USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/06/22
VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0
STEERS LIVE FOB
No reportable dressed trade
STEERS LIVE DELIVERED
No reportable trade
HEIFERS LIVE FOB
No reportable trade
HEIFERS LIVE DELIVERED
No reportable trade
NEBRASKA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 90
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: 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
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: 598 WEEK TO DATE: 640
STEERS DRESSED DELIVERED
105 235.00-235.00 235.00-235.00 235.00
STEERS DRESSED FOB
No reportable trade
HEIFERS DRESSED DELIVERED
No reportable trade
HEIFERS DRESSED FOB
No reportable trade
COMMENTS: There's been a few cattle trade live for $148 to $150
(some of which aren't committed until the week of 7/25/2022) but largely
the market sits untested and undeveloped. Heading into Thursday's market
all eyes will be on the cash market as feedlots are batting for higher
prices and given that cattle haven't really sold yet, there's a
possibility that they move the market higher.
5-AREA LV STR AVG(FOB)PR&WT: N/A HIDE&OFFAL: $13.77 -0.18
CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD
SUPPLY (Live) $215.29 $195.36 52,412
DEMAND (Box) $256.05 $230.93 41,337
INDEX VALUE $235.67 +1.87 $213.15 -1.71 93,749
BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#)
$268.05 +3.39 $242.93 +3.06
65.64 LDS CH CUTS / 32.71 LDS SEL CUTS / 8.14 LDS TRIM / 14.94 LDS GROUND
DAILY CHOICE/SELECT SPREAD $25.12 TOTAL LOAD COUNT 121
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/01 $260.97 -1.41
CUTTER 90% 350# UP C/O: $220.33 +0.33
NAT'L BONELESS BF TRIM: 18.47 lds / Weak to slgtly lwr on lgt dem lgt-moder dem
90% TRIM: 0 lds: Wtd Avg: N/A / Not fully established
FI KILL(WTD) WED 126(254) WK AGO 124(375) YR AGO 121(253) MIX: TUE SH100/CB26
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
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