DTN Cattle Close/Trends 04/05 18:05

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/05/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 521 WEEK TO DATE: 521 STEERS LIVE FOB 221 168.00-168.00 168.00-168.00 168.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 243 168.00-168.00 168.00-168.00 168.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 175 WEEK TO DATE: 347 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 175 272.00-272.00 272.00-272.00 272.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 276 WEEK TO DATE: 276 STEERS LIVE FOB 118 168.00-168.00 168.00-168.00 168.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 35 168.00-168.00 168.00-168.00 168.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB NA Due to Confidentiality STEERS LIVE DELIVERED NA Due to Confidentiality HEIFERS LIVE FOB NA Due to Confidentiality HEIFERS LIVE DELIVERED NA Due to Confidentiality IOWA CONFIRMED CASH SALES - TODAY: 24 WEEK TO DATE: 178 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Just a handful of scattered trade was reported today, certainly not enough to establish any kind of an accurate trend for the week. (KS, and TX at $168, IA $170, NE Heifers only at $272). Significant trade volume will likely be delayed until Thursday or later. *UPDATE* 16:10 - A light to moderate live trade is developing in the South at $170, $3 higher than last week's weighted averages. Dressed deals in Nebraska are being marked at $275, roughly $4.50 higher than last week's weighted average. Live deals in Nebraska are taking place at mostly $174, $4 higher than last week's weighted averages. *UPDATE* 17:35 - Sources indicate that some dressed deals have now been reported at $277 to $278 in parts of Nebraska about $6.50 to $7.50 higher than last week's weighted averages also some live business has been reported in Eastern Nebraska at $175, $5 higher than last week's weighted averages. *UPDATE* 18:05 - We are now hearing that $177 is being paid in parts of Colorado. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $12.79 Unchd CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $253.85 $239.65 77,061 DEMAND (Box) $276.62 $266.16 35,795 INDEX VALUE $265.23 +0.35 $252.90 +0.12 112,856 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $288.62 +0.68 $278.16 +0.21 74.55 LDS CH CUTS / 12.59 LDS SEL CUTS / 3.25 LDS TRIM / 11.56 LDS GROUND DAILY CHOICE/SELECT SPREAD $10.46 TOTAL LOAD COUNT 102 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/31 $283.79 +1.12 CUTTER 90% 350# UP C/O: $214.86 -0.52 NAT'L BONELESS BF TRIM: 37.68 lds / Unevenly steady on lt dem & offers 90% TRIM: 18 lds: Wtd Avg: $274.82 / Generally steady FI KILL(WTD) WED 123(366) WK AGO 127(379) YR AGO 124(370) MIX: TUE SH99/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 03/25/23 2,690 13,598 Week Ending: 03/18/23 3,063 12,476 Change from prev week: -373 +1,122