DTN Cattle Close/Trends 05/29 15:20

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/29/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,303 WEEK TO DATE: 21,911 STEERS LIVE FOB 596 115.00-119.00 115.00-119.00 117.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 230 118.00-118.00 118.00-118.00 118.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 6,884 WEEK TO DATE: 39,978 STEERS DRESSED DELIVERED 3,620 178.00-190.00 178.00-190.00 186.55 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 998 180.00-190.00 180.00-190.00 189.24 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 812 WEEK TO DATE: 6,432 STEERS LIVE FOB 216 110.00-100.00 110.00-110.00 110.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 259 108.00-108.00 108.00-108.00 108.00 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: 2,008 WEEK TO DATE: 28,197 STEERS DRESSED DELIVERED 825 178.00-190.00 178.00-190.00 187.94 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Another day of light trade at steady to somewhat lower money than the rest of the week. It is also ending up as yet another week of huge price ranges. 5-AREA LV STR AVG(FOB)PR&WT: $115.90(1446) HIDE&OFFAL: $7.12 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $178.11 $160.33 100,920 BOX BASED $351.34 $328.07 57,200 AVE INDEX $264.73 -3.23 $244.20 -2.14 158,120 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $363.34 -6.22 $340.07 -4.02 54.29 LDS CH CUTS / 19.87 LDS SEL CUTS / 22.00 LDS TRIM / 18.89 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: $238.26 +0.46 NAT'L BONELESS BF TRIM: 62.17 lds / Stdy on mod-gd dem & hvy offers 90% TRIM: 12 lds: Wtd Avg $307.36 / Higher FI KILL(WTD) FRI 111(441) WK AGO 102(499) YR AGO 124(493) MIX: THU SH85/CB25 SAT 83(524) WK AGO 56(555) YR AGO 96(588) 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