Video auctions / Washington / Toppenish Livestock Video/Internet Auction / 2021-07-22

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Toppenish Livestock Video/Internet Auction

Washington · Toppenish · Thu, Jul 22
● As filed195 headUSDA AMS · slug 3087

The sale in one line

Forward delivery · estimated weights
1 lot covering 195 head for Current delivery. Weights are USDA’s estimates — these cattle had not been weighed when they sold.

Reporter comment USDA

As filed

Demand good. Trade moderate. Purchased steers coming off grass. Cattle futures were stronger on Thursday. Pre-report positioning left the board $0.35 to $1.45 stronger for the front month fat cattle futures. The weekly Export Sales report showed that beef bookings during the week ending 7/15 were 25,100 MT. That was a significant increase from 9,500 MT last week and an 8-wk high. Japan also purchased 300 MT for 2022 delivery.

USDA’s Cold Storage data showed the beef stocks in the cooler as of the end of June were 398.66m lbs. That was the tightest frozen beef supply since October of 2014. Beef’s share of total red meat actually increased negligibly to approx.. 45%. Wholesale Boxed Beef prices continued with recent support, as Choice was another 90 cents higher and Select was $1 stronger.

Current delivery

1 lot · 195 head
ClassGradeWeightEst. wtPriceRangeHead
SteersLarge 1None900–950925130.00/cwt130.00195

Where the buyers were

As USDA grouped them
RegionStates
WestAZ, CA, ID, NV, OR, UT, WA
Source: USDA AMS · Moses Lake, WA. Prices are as filed, F.O.B. at origin, with the buyer taking freight — they are not comparable to a spot ring price and never enter a barn average. Weights are USDA’s estimates — these cattle had not been weighed when they sold. Delivery months differ between lots; a price for one month is not a price for another. Head is summed from the lots as reported.