DTN Cattle Prices/Trends 05/18 07:55

DTN CATTLE PRICES/TRENDS 05/18 07:55 WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 05/11-05/15 STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE KS 2,300 110.00-120.00 . NE 3,700 110.00-120.00 170.00-190.00 TX 1,100 110.00-120.00 . CO 0 . . IA 1,100 110.00-117.00 170.00-190.00 LAST WEEK'S ROUND UP: Another crazy week is over and in the books, trade was done a little bit every day last week, and it was another week of huge price ranges. Kansas live prices ranged from $110 to $120, while the Texas range was $100 to $120. Nebraska's dressed deals ranged from $170 to $190, and Iowa had ranges of $158 to $190. Just where weighted averages will fall is a mystery. According to the Friday afternoon Mandatory reports weekly trade volumes were as follows: KS 12,240; NE 35,156; TX 8,642; IA 28,935; CO not available due to confidentiality. Beef cutouts have also reported some wide ranges in the last ten days or so. Choice cutouts set a record gain on May 4th of $32.60, and Friday they set a record loss of $16.60. Select cutouts set its record gain of $34.05 on May 5th, then set a record loss on Friday of $18.34. DTN MORNING COMMENTS: The country is quiet this morning with bids and asking prices not established. Significant trade volume will likely be delayed until the second half of the week. Beef cutouts are expected to be lower with generally light box movement. For the week ending May 09, 2020, Imported Beef Passed for Entry in the U.S. totaled 37,456, 100.78% of the previous week and 98.09% 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 trends and summaries from this data will also be posted on the Daily Sales Reported to DTN page.