DTN Cattle Close/Trends 05/11 15:30

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/11/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 312 WEEK TO DATE: 13,715 STEERS LIVE FOB 245 140.00-140.00 140.00-140.00 140.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 7,277 WEEK TO DATE: 28,824 STEERS DRESSED DELIVERED 1,688 227.00-230.00 227.00-230.00 228.85 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 504 230.00-230.00 230.00-230.00 230.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 2,326 WEEK TO DATE: 9,079 STEERS LIVE FOB 1,388 137.00-140.00 137.00-140.00 139.48 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 239 140.00-140.00 140.00-140.00 140.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 120 WEEK TO DATE: 521 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 120 143.00-143.00 143.00-143.00 143.00 HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 3,627 WEEK TO DATE: 8,084 STEERS DRESSED DELIVERED 1,425 227.00-230.00 227.00-230.00 227.77 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Some light scattered trade was reported today, at mostly steady money with yesterday's business. Southern live sales have been marked at $140, fully steady with last week's weighted averages. Northern dressed deals have been marked at $230, about $0.50 lower than last week's weighted average basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $141.43(1421) HIDE&OFFAL: $13.63 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $211.17 $198.05 120,641 BOX BASED $243.08 $230.18 56,756 AVE INDEX $227.12 -0.43 $214.11 -0.44 177,397 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $255.08 -0.16 $242.18 -0.17 101.80 LDS CH CUTS / 33.89 LDS SEL CUTS / 8.32 LDS TRIM / 40.61 LDS GROUND DAILY CHOICE/SELECT SPREAD $12.90 TOTAL LOAD COUNT 185 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/06 $261.25 -4.86 CUTTER 90% 350# UP C/O: $220.17 +0.62 NAT'L BONELESS BF TRIM: 31.13 lds / Shrply hr on gd dem & mod offers 90% TRIM: 10 lds: Wtd Avg: $274.34 / Firm to slightly higher FI KILL(WTD) WED 125(371) WK AGO 126(363) YR AGO 119(351) MIX: TUE SH98/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 04/23/22 5,128 9,650 Week Ending: 04/16/22 3,120 8,255 Change from prev week: +2,008 +1,395