DTN Cattle Close/Trends 07/27 15:45

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/27/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 271 WEEK TO DATE: 5,029 STEERS LIVE FOB 111 137.00-137.00 137.00-137.00 137.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 14,429 WEEK TO DATE: 14,429 STEERS DRESSED DELIVERED 5,285 222.00-230.00 223.00-225.00 224.74 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 1,459 223.00-225.00 223.00-225.00 224.85 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 4,077 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: 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: 3,470 WEEK TO DATE: 5,856 STEERS DRESSED DELIVERED 1,648 224.00-227.00 223.00-225.00 225.10 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 331 224.00-227.00 223.00-225.00 225.04 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade took place in most areas today with Northern dressed deals marked at mostly $225, $2 lower than last week's weighted average basis Nebraska. Southern live business was marked at mostly $135, steady with yesterday's deals, but $1 lower than last week's weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $136.48(1405) HIDE&OFFAL: $13.90 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $208.97 $183.82 57,786 DEMAND (Box) $255.99 $229.81 41,251 INDEX VALUE $232.48 -0.81 $206.81 -1.29 99,037 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $267.99 -1.12 $241.81 -2.07 88.45 LDS CH CUTS / 28.91 LDS SEL CUTS / 9.46 LDS TRIM / 18.92 LDS GROUND DAILY CHOICE/SELECT SPREAD $26.18 TOTAL LOAD COUNT 146 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/22 $266.00 +3.54 CUTTER 90% 350# UP C/O: $212.32 -3.27 NAT'L BONELESS BF TRIM: 66.01 lds / Shrply lr on lt-mod dem & offers 90% TRIM: 43 lds: Wtd Avg: $267.15 / Sharply lower FI KILL(WTD) WED 125(374) WK AGO 124(374) YR AGO 120(357) MIX: TUE SH98/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 07/16/22 2,839 8,833 Week Ending: 07/09/22 1,841 7,151 Change from prev week: +998 +1,682