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USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/24/22
VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG
KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 14,447
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: 172 WEEK TO DATE: 25,532
STEERS DRESSED DELIVERED
No reportable trade
STEERS DRESSED FOB
No reportable trade
HEIFERS DRESSED DELIVERED
No reportable dressed trade
HEIFERS DRESSED FOB
No reportable trade
TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 8,840
STEERS LIVE FOB
No reportable trade
STEERS LIVE DELIVERED
No reportable trade
HEIFERS LIVE FOB
No reportable trade
148IFERS LIVE DELIVERED
No reportable trade
COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 3,327
STEERS LIVE FOB
No reportable trade
STEERS LIVE DELIVERED
No reportable trade
HEIFERS LIVE FOB
No reportable trade
HEIFERS LIVE DELIVERED
No reportable trade
IOWA CONFIRMED CASH SALES - TODAY: 868 WEEK TO DATE: 28,613
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: This week's business had Southern live deals marked at
mostly $138, generally steady (Texas) to roughly $1 lower (Kansas) than last
week's weighted averages. In the North it was yet another week large ranges,
with dressed deals marked at $230 to $240, mostly $234 which is $4 higher
than last weeks weighted average basis Nebraska.
The June 1 on feed report listed 11.8 million head, up 1% from June 2021,
this is the highest June 1 inventory since the series began in 1996.
Placements in May totaled 1.87 million head, 2% below last year; marketing's
in May totaled 1.91 million head, 2% greater than the prior year; other
disappearance in May totaled 76,000 head, 13% above the same time last year.
5-AREA LV STR AVG(FOB)PR&WT: $147.30(1429) HIDE&OFFAL: $13.82 +0.03
CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD
SUPPLY (Live) $215.40 $195.23 75,992
DEMAND (Box) $252.98 $233.02 44,655
INDEX VALUE $234.19 +2.02 $214.12 +1.90 120,647
BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#)
$264.98 +0.32 $245.02 +0.08
46.30 LDS CH CUTS / 17.21 LDS SEL CUTS / 10.61 LDS TRIM / 10.88 LDS GROUND
DAILY CHOICE/SELECT SPREAD $19.96 TOTAL LOAD COUNT 85
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/17 $260.18 -3.96
CUTTER 90% 350# UP C/O: $222.31 +1.54
NAT'L BONELESS BF TRIM: 31.15 lds / Unevenly stdy on mod dem & offers
90% TRIM: 12 lds: Wtd Avg: $279.21 / Moderately to sharply higher
FI KILL(WTD) FRI 122(620) WK AGO 124(619) YR AGO 117(590) MIX: THU SH93/CB29
SAT 46(666) WK AGO 48(667) YR AGO 70(660)
WEEKLY CANADIAN CATTLE IMPORTS.
WK ENDING FEEDERS SLAUGHTER S&H
Week Ending: 06/11/22 3,909 6,091
Week Ending: 06/04/22 4,864 8,268
Change from prev week: -955 -2,177
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