DTN CATTLE PRICES/TRENDS 07/05 05:00
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 06/27-07/01
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
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.