DTN Cattle Close/Trends 05/04 15:45
4 May 2018
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/04/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 373 WEEK T0 DATE: 31,439 STEERS 289 125.00-125.00 125.00-125.00 125.00 HEIFERS 84 125.00-125.00 125.00-125.00 125.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 17,522 WEEK TO DATE: 52,214 STEERS 580 189.00-195.00 189.00-195.00 192.18 HEIFERS 623 189.00-195.00 189.00-195.00 193.06 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 11,448 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 248 WEEK TO DATE: 1,978 STEERS No reportable trade HEIFERS 248 126.00-126.00 126.00-126.00 126.00 IOWA CONFIRMED CASH SALES - TODAY: 4,007 WEEK TO DATE: 36,104 STEERS 439 192.00-196.00 192.00-196.00 193.73 HEIFERS 40 202.00-202.00 202.00-202.00 202.00 COMMENTS: A light to moderate trade in the North today with a large range of 189-202, most dressed deals were marked at 195.00, about $1 lower than last week's weighted average basis Neb. Note that many of the Northern trade was set for delayed delivery. 5-AREA LV STR AVE PR&WT: $125.66(1347) HIDE&OFFAL: $9.90 +0.16 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 188.06 173.90 189,201 BOX BASED 216.30 197.49 41,547 AVE INDEX 202.18 +0.94 185.70 +0.74 230,748 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 228.30 +0.74 209.49 +0.32 61.25 LDS CH CUTS / 26.31 LDS SEL CUTS / 14.43 LDS TRIM / 14.15 LDS GROUND BOXED BEEF TREND: Firm on mod-frly gd dem & mod-hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/27 $212.38 +1.49 CUTTER 90% 350# UP C/O: $173.69 +0.59 NAT'L BONELESS BF TRIM: 25.88 lds / Gen stdy on lt dem & lt-mod offers 90% TRIM: 03 lds: Wtd Avg $218.71 / Unevenly steady FI KILL(WTD) FRI 117(589) WK AGO 111(585) YR AGO 117(571) MIX: THU SH95/CB24 SAT 58(647) WK AGO 38(623) YR AGO 45(615) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 04/21/18 6,220 5,595 Week Ending: 04/14/18 7,705 6,844 Change from prev week: -1,485 -1,249