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