USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/15/24
VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
KANSAS CONFIRMED CASH SALES - TODAY: WEEK TO DATE:
STEERS LIVE FOB
No reportable trade
STEERS LIVE DELIVERED
No reportable trade
HEIFERS LIVE FOB
No reportable trade
HEIFERS LIVE DELIVERED
No reportable trade
NEBRASKA CONFIRMED CASH SALES - TODAY: WEEK TO DATE:
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: WEEK TO DATE:
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: WEEK TO DATE:
STEERS DRESSED DELIVERED
No reportable trade
STEERS DRESSED FOB
No reportable trade
HEIFERS DRESSED DELIVERED
No reportable trade
HEIFERS DRESSED FOB
No reportable trade
COMMENTS: It was a typical, quiet Monday for the cash cattle market with
no bids or asking prices having surfaced yet. Trade will likely be delayed this
week as there's a Cattle on Feed report on Friday.
Last week, Southern live cattle traded at mostly $188, which is $4.00 lower
than
the previous week's weighted average while Northern dressed cattle traded at
$312
which is $2.00 lower than the previous week's weighted average. Last week's
negotiated cash cattle trade totaled 82,802 head. Of that, 75% (61,798 head)
were
committed to the nearby delivery, while the remaining 25% (21,004 head) were
committed to the deferred delivery.
5-AREA LV STR AVG(FOB)PR&WT: $195.34(1433) HIDE&OFFAL: $11.59 -0.13
CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD
SUPPLY (Live) $295.33 $273.62 62,647
DEMAND (Box) $309.49 $292.82 46,538
INDEX VALUE $302.41 -0.74 $283.22 +0.89 109,185
BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#)
$321.49 -0.57 $304.82 +2.51
46.90 LDS CH CUTS / 12.16 LDS SEL CUTS / 15.13 LDS TRIM / 14.85 LDS GROUND
DAILY CHOICE/SELECT SPREAD $16.67 TOTAL LOAD COUNT 89
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/12 $320.79 -3.68
CUTTER 90% 350# UP C/O: $295.78 -3.01
NAT'L BONELESS BF TRIM: 36.69 lds / Shrply lw on lgt-mod dem & mod offers
90% TRIM: 09 lds: Wtd Avg: $377.68 / Sharply higher
FI KILL(WTD) MON 118(118) WK AGO 112(112) YR AGO 119()
FRI: SH 97 / CB 6
SAT: SH 21 / CB 1
WEEKLY CANADIAN CATTLE IMPORTS.
WK ENDING FEEDERS SLAUGHTER S&H
Week Ending: 06/29/24 2,322 10,069
Week Ending: 06/22/24 3,068 9,025
Change from prev week: +136 +1,657
