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DTN CATTLE PRICES/TRENDS               07/22 08:00


KS       1,200     188.00          .
NE       1,500     196.00-198.00   310.00
TX       1,000     188.00          .
CO           0     .               .
IA         900     198.00-199.00   310.00

DTN WEEKLY ROUND UP:  The bulk of trade took place on Wednesday and 
Thursday with just a little cleanup on Friday. Southern live deals 
took place at mostly $188, roughly steady with the previous week's 
weighted averages. Northern dressed business had a full range of 
$307 to $318, mostly $310, about steady with the prior week's 
weighted averages. Some of these Northern deals are set for delayed 
delivery, the week of July 29th and August 5th. According to 
Thursday's Daily Direct Slaughter Cattle Negotiated Purchase Summary 
reports, weekly accumulated totals were as follows, (the prior 
week's weighted averages are listed in parentheses). KS 
$187.55($188.56); NE $309.90 ($312.36); TX $188.15($187.99); IA 
$310.56($312.31); CO not available due to confidentiality. 

The Friday Afternoon Daily Direct Slaughter Cattle report lists 
week-to-date trade volume totals as: KS 8,264; NE 13,129; TX 7,658; 
IA 18,647; CO NA due to confidentiality. Friday's slaughter totaled 
103,000 head, 15,000 less than the prior week and 12,000 below a 
year ago. Saturday's kill was estimated at 6,000 head, bringing the 
weekly total to 584,000 head, 17,000 under the previous week, and 
down 42,000 from 2023. The weekly average for boxed beef cutouts and 
boxed beef cuts: choice $317.78(-7.00), select $300.62(-3.11), with 
an average choice select spread of $17.16(-3.89), and a total load 
count including cuts, trimmings, and grinds of 707(+86), (Changes 
from the prior week are listed in parentheses).

For the week ending July 13, 2024, Imported Beef Passed for Entry in 
the U.S. totaled 46,146, 122.05% of the previous week and 98.38% of 
the 4-week average. 

DTN MORNING COMMENTS: As both buyers and sellers prepare for the week 
ahead, it looks to be a typically quiet Monday. Bids and asking 
prices are not established and significant trade volume will likely 
hold off until the second half of the week. 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, 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 
1-402-461-3561. All sales will be listed anonymously and organized 
by state. A weekly summary of this data will be posted on the 
Weekly Cattle Sales Reported to DTN page and will be left up for 
the entire week for reference purposes.

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