DTN Cattle Close/Trends 07/06 16:20
6 Jul 2018
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/06/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 25,423 WEEK T0 DATE: 25,729 STEERS 10,734 111.00-113.00 112.00-113.00 112.23 HEIFERS 8,248 112.00-113.00 112.00-113.00 112.24 NEBRASKA CONFIRMED CASH SALES - TODAY: 28,284 WEEK TO DATE: 28,324 STEERS 9,177 175.00-180.00 175.00-180.00 178.58 HEIFERS 1,966 175.00-180.00 175.00-180.00 178.51 TEXAS CONFIRMED CASH SALES - TODAY: 8,794 WEEK TO DATE: 8,794 STEERS 4,216 112.00-113.50 112.00-113.50 113.01 HEIFERS 1,789 112.00-113.50 112.00-113.50 112.82 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS Not reported due to confidentiality HEIFERS Not reported due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 24,576 WEEK TO DATE: 25,756 STEERS 6,246 175.00-180.00 175.00-180.00 178.27 HEIFERS 2,149 175.00-178.00 175.00-178.00 175.90 COMMENTS: Moderate to active cattle trade developed today in all major feed states thanks to short bought packers armed with sharply higher bids. Live sales in the South looked $4.50-6 higher than last week; dressed deals in the North were $5-10 higher. 5-AREA LV STR AVE PR&WT: $110.00(1397) HIDE&OFFAL: $9.47 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 162.63 147.71 45,638 BOX BASED 196.03 186.71 54,047 AVE INDEX 179.33 +0.13 167.21 +0.33 99,685 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 208.03 -0.40 198.71 +0.01 66.17 LDS CH CUTS / 32.00 LDS SEL CUTS / 16.36 LDS TRIM / 32.13 LDS GROUND BOXED BEEF TREND: Stdy-wk on lgt to moder dem & moder-hvy offers. COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/29 $209.24 -3.65 CUTTER 90% 350# UP C/O: $175.98 +0.57 NAT'L BONELESS BF TRIM: 54.38 lds / Mstly mod hgr on mod-good dem & mod offers 90% TRIM: 13 lds: Wtd Avg $221.18 / Stdy to firm FI KILL(WTD) FRI 119(474) WK AGO 119(589) YR AGO 120(471) MIX: THR SH96/CB24 SAT 88(562) WK AGO 57(646) YR AGO 76(547) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 06/23/18 3,689 4,832 Week Ending: 06/16/18 2,074 3,704 Change from prev week: +1,615 +1,128