DTN Cattle Close/Trends 05/20 15:30
20 May 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/20/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 14,289 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 22,935 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 7,508 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 955 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 347 WEEK TO DATE: 29,268 STEERS DRESSED DELIVERED No reportable dressed trade 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 in Iowa today. This week Southern live trade has had a range of $136 to $138, mostly $138, $2 lower than last week's weighted averages. Northern dressed deals have had a range of $223 to $228, mostly $226, $3 lower than last week's weighted average basis Nebraska. The May 1 on feed report listed 12.0 million head, up 2% from May 2021, the highest May 1 inventory since the series began in 1996. Placements in April totaled 1.81 million head, 1% below last year; marketing's in April totaled 1.89 million head, 2% less than the prior year; other disappearance in April totaled 54,000 head, 2% under the same time last year. 5-AREA LV STR AVG(FOB)PR&WT: $141.25(1438) HIDE&OFFAL: $13.46 +0.11 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $208.49 $194.54 72,374 BOX BASED $250.17 $231.02 39,357 AVE INDEX $229.33 Unchg $212.78 -1.75 111,731 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $262.17 +0.47 $243.02 -3.04 41.68 LDS CH CUTS / 15.65 LDS SEL CUTS / 17.56 LDS TRIM / 14.75 LDS GROUND DAILY CHOICE/SELECT SPREAD $19.15 TOTAL LOAD COUNT 90 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/06 $261.25 -4.86 CUTTER 90% 350# UP C/O: $219.40 +0.44 NAT'L BONELESS BF TRIM: 48.63 lds / Shrply lr on lt dem & hvy offers 90% TRIM: 04 lds: Wtd Avg: $274.53 / Firm FI KILL(WTD) FRI 123(622) WK AGO 120(615) YR AGO 119(593) MIX: THU SH96/CB29 SAT 58(680) WK AGO 42(657) YR AGO 80(672) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 05/07/22 5,033 9,060 Week Ending: 04/23/22 5,128 9,650 Change from prev week: +792 -242