DTN CATTLE PRICES/TRENDS 07/15 07:50
TOTALS OF WEEKLY SALES REPORTED TO DTN FOR THE WEEK OF: 07/08-07/12
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 2,400 188.00-191.00 .
NE 2,900 198.00 312.00
TX 2,000 188.00 .
CO 0 . .
IA 1,100 198.00 312.00
DTN WEEKLY ROUND UP: Business took place early last week, starting
on Tuesday and with a little here and there for the rest of the
week. Southern live trade was done at mostly $188, $2 to $4 lower
than the prior week's weighted averages (off $2 in Texas, and down
$4 in Kansas). Northern dressed sales were mostly at $312, roughly
$2 lower than the previous week's weighted average basis Nebraska.
According to Thursday's Daily Direct Slaughter Cattle Negotiated
Purchase Summary reports, weekly accumulated totals were as follows,
(the prior week's weighted averages are listed in parentheses). KS
$188.29($191.94); NE $312.51($313.99); TX $187.99($189.93); IA
$312.81($313.15); CO not available due to confidentiality.
The Friday Afternoon Daily Direct Slaughter Cattle report lists
week-to-date trade volume totals as: KS 10,505; NE 17,432; TX 7,563;
IA 26,422; CO NA due to confidentiality. Friday's slaughter totaled
118,000 head, 2,000 more than the prior week but 3,000 below a year
ago. Saturday's kill was estimated at 7,000 head, bringing the
weekly total to 601,000 head, 79,000 above the previous week, but
32,000 less than 2023. The weekly average for boxed beef cutouts and
boxed beef cuts: choice $324.78(-5.18), select $303.73(-1.85), with
an average choice select spread of $21.05(-3.55), and a total load
count including cuts, trimmings, and grinds of 621(+211). Changes
from the prior week are listed in parentheses.
For the week ending July 06, 2024, Imported Beef Passed for Entry in
the U.S. totaled 37,810, 75.94% of the previous week and 79.54% of
the 4-week average.
DTN MORNING COMMENTS: It looks to be a typical Monday morning with
packers and producers busy preparing for the week ahead. Bids and
asking prices are not established and significant trade volume will
likely hold off until the second half of the week. Beef cutouts are
expected to be mixed with generally light box movement.
NOTE: The price and volume information listed on this page is
supplied by DTN subscribers in the interest of general cash market
awareness. All cattle feeding subscribers are encouraged to report
sales in a timely fashion, to compensate for the systematic delays of
mandatory reporting. While all transactions will be posted on an
anonymous basis, callers are required to identify themselves and the
location of the actual sales. DTN believes this data to be accurate
but cannot guarantee its specific reliability or whether it fairly
represents the larger cash market.
Feedlots are encouraged to call DTN with any cattle sales, at
1-402-461-3561. All sales will be listed anonymously and organized
by state. A weekly summary of this data will be posted on the
Weekly Cattle Sales Reported to DTN page and will be left up for
the entire week for reference purposes.
