DTN Cattle Close/Trends 07/28 15:30
28 Jul 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/28/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 38 WEEK TO DATE: 9,445 STEERS LIVE FOB No reportable live trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,287 WEEK TO DATE: 20,404 STEERS DRESSED DELIVERED 227 224.00-225.00 224.00-225.00 224.81 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 256 224.00-228.00 224.00-228.00 227.08 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 337 WEEK TO DATE: 4,414 STEERS LIVE FOB 136 135.00-135.00 135.00-135.00 135.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 76 135.00-135.00 135.00-135.00 135.00 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: 2,542 WEEK TO DATE: 16,466 STEERS DRESSED DELIVERED 1,034 223.00-230.00 223.00-227.00 227.60 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Just a few scattered deals were reported today. It is looking like the bulk of business is done for the week. Although a little cleanup may be reported tomorrow. So far this week, Northern dressed deals have been marked at mostly $225, $2 lower than last week's weighted average basis Nebraska. Southern live business has been marked at mostly $135, $1 lower than last week's weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $139.89(1463) HIDE&OFFAL: $14.04 +0.14 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $207.50 $182.36 58,935 DEMAND (Box) $255.77 $228.81 40,781 INDEX VALUE $231.64 -0.84 $205.58 -1.23 99,716 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $267.77 -0.22 $240.81 -1.00 63.68 LDS CH CUTS / 15.08 LDS SEL CUTS / 10.50 LDS TRIM / 9.28 LDS GROUND DAILY CHOICE/SELECT SPREAD $26.96 TOTAL LOAD COUNT 99 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/22 $266.00 +3.54 CUTTER 90% 350# UP C/O: $215.80 +3.47 NAT'L BONELESS BF TRIM: 24.87 lds / Shrply hr on gd dem & mod offers 90% TRIM: 06 lds: Wtd Avg: $273.22 / Moderately to sharply higher FI KILL(WTD) THU 121(495) WK AGO 123(497) YR AGO 120(477) MIX: WED SH97/CB28 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