USDA MARKET NEWS--AFTERNOON CATTLE REPORT    07/06/22

          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:      90
    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:    598   WEEK TO DATE:     640
    STEERS DRESSED DELIVERED
          105         235.00-235.00       235.00-235.00      235.00
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS: There's been a few cattle trade live for $148 to $150 
(some of which aren't committed until the week of 7/25/2022) but largely 
the market sits untested and undeveloped. Heading into Thursday's market 
all eyes will be on the cash market as feedlots are batting for higher 
prices and given that cattle haven't really sold yet, there's a 
possibility that they move the market higher.

5-AREA LV STR AVG(FOB)PR&WT: N/A  HIDE&OFFAL: $13.77 -0.18
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)   HEAD
    SUPPLY (Live)     $215.29             $195.36          52,412
    DEMAND (Box)      $256.05             $230.93          41,337
    INDEX VALUE       $235.67  +1.87      $213.15  -1.71   93,749
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                      $268.05  +3.39      $242.93  +3.06
   65.64 LDS CH CUTS / 32.71 LDS SEL CUTS / 8.14 LDS TRIM / 14.94 LDS GROUND
DAILY CHOICE/SELECT SPREAD $25.12  TOTAL LOAD COUNT  121
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/01 $260.97 -1.41
 CUTTER 90%  350# UP C/O: $220.33 +0.33
 NAT'L BONELESS BF TRIM: 18.47 lds / Weak to slgtly lwr on lgt dem lgt-moder dem
90% TRIM:  0 lds: Wtd Avg: N/A / Not fully established
FI KILL(WTD) WED 126(254) WK AGO 124(375) YR AGO 121(253) MIX: TUE SH100/CB26
            
WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  06/25/22   2,940       8,427
  Week Ending:  06/18/22   4,002       8,301
   Change from prev week: -1,062        +126