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USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/05/22
VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0
STEERS LIVE FOB
No reportable dressed trade
STEERS LIVE DELIVERED
No reportable trade
HEIFERS LIVE FOB
No reportable trade
HEIFERS LIVE DELIVERED
No reportable trade
NEBRASKA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0
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: 0 WEEK TO DATE: 0
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: 0 WEEK TO DATE: 0
STEERS LIVE FOB
No reportable trade due to confidential
STEERS LIVE DELIVERED
No reportable trade due to confidential
HEIFERS LIVE FOB
No reportable trade due to confidential
HEIFERS LIVE DELIVERED
No reportable trade due to confidential
IOWA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0
STEERS DRESSED DELIVERED
No reportable dressed trade
STEERS DRESSED FOB
No reportable trade
HEIFERS DRESSED DELIVERED
No reportable trade
HEIFERS DRESSED FOB
No reportable trade
COMMENTS: The cash cattle market didn't see any trade develop
throughout Tuesday's market. It's likely that the market sees more interest
develop by Wednesday, but trade could hold out until later in the week.
Packers do have cattle committed for this week and next, so it's a tough call
as to how prices will fair this week. But given that only 71,137 head traded
last week, it's likely that they'll have to buy some cattle in the cash
market.
5-AREA LV STR AVG(FOB)PR&WT: N/A HIDE&OFFAL: $13.95 Unchg
CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD
SUPPLY (Live) $214.94 $195.02 53,558
DEMAND (Box) $252.66 $227.87 43,746
INDEX VALUE $233.80 +0.31 $211.44 -0.61 97,304
BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#)
$264.66 +0.84 $239.87 -0.60
68.41 LDS CH CUTS / 18.03 LDS SEL CUTS / 9.25 LDS TRIM / 12.86 LDS GROUND
DAILY CHOICE/SELECT SPREAD $24.79 TOTAL LOAD COUNT 109
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/01 $260.97 -1.41
CUTTER 90% 350# UP C/O: $220.00 +1.94
NAT'L BONELESS BF TRIM: 46.06 lds / Gen stdy on lgt-moder dem & offers
90% TRIM: 17 lds: Wtd Avg: $278.10 / Sharply higher
FI KILL(WTD) TUE 126(128) WK AGO 126(251) YR AGO 120(132) MIX: MON SH01/CB01
WEEKLY CANADIAN CATTLE IMPORTS.
WK ENDING FEEDERS SLAUGHTER S&H
Week Ending: 06/18/22 4,002 8,301
Week Ending: 06/11/22 3,909 6,091
Change from prev week: +93 -2,210
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