DTN Cattle Close/Trends 05/01 15:40
1 May 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/01/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 5,190 WEEK TO DATE: 6,016 STEERS LIVE FOB 2,522 95.00-105.00 95.00-105.00 102.47 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,165 95.00-105.00 95.00-105.00 101.31 HEIFERS LIVE DELIVERED 181 105.00-105.00 105.00-105.00 105.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 4,573 WEEK TO DATE: 18,281 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable dressed trade HEIFERS DRESSED DELIVERED 304 150.00-150.00 150.00-150.00 150.00 HEIFERS DRESSED FOB 190 150.00-150.00 150.00-150.00 150.00 TEXAS CONFIRMED CASH SALES - TODAY: 1,888 WEEK TO DATE: 3,734 STEERS LIVE FOB 760 95.00-105.00 95.00-105.00 102.16 STEERS LIVE DELIVERED 246 95.00-95.00 95.00-95.00 95.00 HEIFERS LIVE FOB 325 95.00-105.00 95.00-105.00 101.92 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Trade not available due to confidentiality STEERS LIVE DELIVERED Trade not available due to confidentiality HEIFERS LIVE FOB Trade not available due to confidentiality HEIFERS LIVE DELIVERED Trade not available due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 1,832 WEEK TO DATE: 15,750 STEERS DRESSED DELIVERED 238 150.00-150.00 150.00-150.00 150.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 40 150.00-150.00 150.00-150.00 150.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light live trade developed today with a range of $95 to $105, mostly $105 (Compared to last week's weighted averages, Texas $8 higher, and Kansas $1 higher). Nebraska also reported some live trade at $95, $1 lower than last week's weighted average. Northern dressed trade this week was at mostly $150, roughly $4 lower than last week's weighted average basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $ 94.56(1501) HIDE&OFFAL: $6.94 +0.20 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $148.90 $135.08 38,182 BOX BASED $365.45 $345.13 37,035 AVE INDEX $257.17 + 4.18 $240.10 + 2.72 75,217 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $377.45 + 9.89 $357.13 + 6.97 45.03 LDS CH CUTS / 6.28 LDS SEL CUTS / 20.59 LDS TRIM / 11.07 LDS GROUND BOXED BEEF TREND: Not available due to technical difficulties COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/24 $250.19 +26.54 CUTTER 90% 350# UP C/O: $200.95 +2.79 NAT'L BONELESS BF TRIM: 80.03 lds / Sharply hr on gd dem & hvy offers 90% TRIM: 20 lds: Wtd Avg $259.25 / Sharply higher FI KILL(WTD) FRI 77(378) WK AGO 83(422) YR AGO 120(605) MIX: THU SH58/CB22 SAT 47(425) WK AGO 43(465) YR AGO 68(673) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 04/18/20 4,591 8,430 Week Ending: 04/11/20 4,613 10,082 Change from prev week: -22 -1,652