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DTN CATTLE PRICES/TRENDS               07/05 05:00


KS       2,500     138.00          .
NE       3,000     146.00-150.00   234.00
TX       2,000     137.00-138.00   .
CO         500     145.00          .
IA       1,500     147.00-150.00   234.00-235.00

DTN WEEKLY ROUND UP:  The bulk of business took place on 
Wednesday and Thursday last week with Southern live deals 
marked at $137 to $141, mostly $138, roughly $1 lower than the 
prior week's weighted averages. Northern dressed trade had a 
wide range of $230 to $239, mostly $234, not quite $1 lower 
than last week's weighted average basis Nebraska. According to 
Thursday's Daily Direct Slaughter Cattle Summary reports, the 
accumulated weekly average price totals are as follows (the 
prior week's weighted averages are listed in parentheses): KS 
$139.28 ($138.57); NE $233.84($234.81); TX $137.48($137.76); 
IA $234.15 ($236.29); CO $145.00($144.62).

The Friday Afternoon Daily Direct Slaughter Cattle report 
lists weekly trade volume totals as: KS 6,803; NE 25,354; TX 
5,281; IA 19,856; CO 662. Friday's slaughter totaled 121,000 
head, 1,000 below the week before, but 7,000 more than the 
previous year. Saturday's kill was estimated at 16,000 head, 
bringing the weekly total to 636,000 head, 30,000 less than 
the previous week, but 8,000 above 2021. The weekly averages 
for boxed beef cutouts and boxed beef cuts: choice $265.70(-
0.35), select $242.08(-3.73), with an average choice select 
spread of $23.62(+3.37), and a total load count including 
cuts, trimmings, and grinds of 573(-22). Changes from the 
prior week are listed in parentheses.

For the week ending June 25, 2022, Imported Beef Passed for 
Entry in the U.S. totaled 46,970, 98.24% of the previous week 
and 102.37% of the 4-week average. 

DTN MORNING COMMENTS: It looks as if it may be a very quiet 
Tuesday morning, with both packers and producers busy taking 
inventory. Bids and asking prices are not established as of 
yet. Significant trade volume will likely be delayed until 
Wednesday or later. Beef cutouts are expected to be lower 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 in order 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 
1-800-369-7675, ext. 3678. All sales will be listed 
anonymously and organized by state. A weekly summary from 
this data will be posted on the Weekly Cattle Sales Reported 
to DTN page.

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