DTN Cattle Close/Trends 05/01 15:35

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/01/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 244 275.00-275.00 275.00-275.00 275.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 244 WEEK TO DATE: 244 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 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: 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: 0 WEEK TO DATE: 0 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: A very typical Monday with the cash trade at a virtual standstill, with just a handful heifers reported sold in Nebraska at $275, definitely not enough to establish any kind of an accurate trend for the week. A few early asking prices were noted in parts of the South at $175, but were not established in the North. Significant trade volume will likely be delayed until the second half of the week. 5-AREA LV STR AVG(FOB)PR&WT: $174.64(1407) HIDE&OFFAL: $13.11 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $267.04 $248.03 66,278 DEMAND (Box) $298.02 $279.00 37,194 INDEX VALUE $282.53 -1.47 $263.51 -0.23 103,472 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $310.02 -1.42 $291.00 +2.66 48.47 LDS CH CUTS / 10.63 LDS SEL CUTS / 8.57 LDS TRIM / 10.72 LDS GROUND DAILY CHOICE/SELECT SPREAD $19.02 TOTAL LOAD COUNT 78 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/28 $305.80 -3.75 CUTTER 90% 350# UP C/O: $217.31 -2.88 NAT'L BONELESS BF TRIM: 37.29 lds / Mostly shrply lr on lt-mod dem & offers 90% TRIM: 13 lds: Wtd Avg: $273.40 / Sharply lower FI KILL(WTD) MON 123 WK AGO 124 YR AGO 113 MIX: FRI SH80/CB26 SAT SH21/CB1 ***** REVISION *** SAT 22(624) *** REVISION ***** WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 04/15/23 4,917 9,268 Week Ending: 04/08/23 2,644 11,120 Change from prev week: +2,273 -1,852