DTN CATTLE PRICES/TRENDS 08/02 07:55
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 07/26-07/30
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 3,000 120.00 .
NE 3,600 122.00-123.00 196.00-196.50
TX 2,000 120.00 .
CO 0 . .
IA 1,000 123.00 196.00
DTN WEEKLY ROUND UP: The majority of trade took place on
Wednesday and Thursday last week, with just a little cleanup
on Friday. Northern dressed business had a full range of $195
to $201, mostly $196, roughly steady with the previous weeks
weighted average basis Nebraska. (Note that many of the
dressed sales in Nebraska were set for delivery the week of
August 9th). Southern live deals had a full range of $116 to
$123.50, mostly $120, about $1 higher than the prior week's
weighted averages. 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
$120.14($119.02); NE $196.99($195.69); TX $119.17($118.78);
IA $198.05($197.93); CO not available due to confidentiality.
According to the Friday Afternoon Daily Direct Slaughter
Cattle reports weekly trade volume totals were as follows: KS
12,409; NE 20,476; TX 6,486; IA 18,687, CO not available due
to confidentiality. Friday's slaughter totaled 114,000 head,
4,000 more than the prior week and 3,000 above the previous
year. Saturday's kill was estimated at 58,000 head, bringing
the weekly total to 649,000 head, 1,000 larger than the week
before, and 13,000 greater than 2020.
DTN MORNING COMMENTS: A typically quiet Monday morning with
both buyers and sellers 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 higher with generally light box movement.
For the week ending July 24, 2021, Imported Beef Passed for
Entry in the U.S. totaled 45,601, 104.18% of the previous week
and 105.48% of the 4-week average.
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. General volumes and summaries from this
data will also be posted on the Daily Sales Reported to DTN
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