DTN Cattle Close/Trends 05/28 15:30
28 May 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/28/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 12,219 WEEK TO DATE: 18,938 STEERS LIVE FOB 7,372 113.00-120.00 113.00-120.00 115.42 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,083 117.00-120.00 117.00-120.00 119.05 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 8,944 WEEK TO DATE: 29,058 STEERS DRESSED DELIVERED 2,063 180.00-190.00 180.00-190.00 188.45 STEERS DRESSED FOB 207 180.00-180.00 180.00-180.00 180.00 HEIFERS DRESSED DELIVERED 423 180.00-190.00 180.00-190.00 187.02 HEIFERS DRESSED FOB 59 180.00-180.00 180.00-180.00 180.00 TEXAS CONFIRMED CASH SALES - TODAY: 4,730 WEEK TO DATE: 5,230 STEERS LIVE FOB 2,934 115.00-120.00 115.00-120.00 116.58 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,039 116.00-120.00 116.00-120.00 119.53 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: 2,642 WEEK TO DATE: 24,247 STEERS DRESSED DELIVERED 1,073 174.00-190.00 174.00-190.00 187.77 STEERS DRESSED FOB 246 178.00-179.00 178.00-179.00 178.85 HEIFERS DRESSED DELIVERED 446 180.00-190.00 180.00-190.00 187.31 HEIFERS DRESSED FOB No reportable trade COMMENTS: More light trade today at generally steady money with Tuesday and Wednesday's business. It is going to be yet another week of huge price ranges. So far the Southern live range is $110 to $120. Northern dressed deals have a full range of $174 to $190. 5-AREA LV STR AVG(FOB)PR&WT: $115.60(1462) HIDE&OFFAL: $7.12 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $178.37 $160.58 99,555 BOX BASED $357.56 $332.09 58,739 AVE INDEX $267.96 -4.47 $246.34 -3.42 158,294 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $369.56 -8.21 $344.09 -6.11 81.43 LDS CH CUTS / 17.09 LDS SEL CUTS / 24.22 LDS TRIM / 26.47 LDS GROUND BOXED BEEF TREND: Not available due to technical difficulties COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/22 $394.73 -27.07 CUTTER 90% 350# UP C/O: $237.80 -0.86 NAT'L BONELESS BF TRIM: 85.76 lds / Shrply lr on mod dem & hvy offers 90% TRIM: 29 lds: Wtd Avg $305.64 / Lower FI KILL(WTD) THU 110(330) WK AGO 103(397) YR AGO 121(369) MIX: WED SH87/CB23 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 05/16/20 3,784 11,692 Week Ending: 05/09/20 2,623 10,082 Change from prev week: +1,161 +1,610