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DTN Cattle Close/Trends 05/08 15:45

8 May 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/08/23 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 No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA 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 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: 35 WEEK TO DATE: 35 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: A typical Monday with the country at a virtual standstill. 35 head moved in Iowa at $176, certainly not enough to establish any kind of an accurate trend for the week. Significant trade volume will likely be delayed until the second half of the week. 5-AREA LV STR AVG(FOB)PR&WT: $173.17(1431) HIDE&OFFAL: $13.07 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $263.24 $242.91 70,573 DEMAND (Box) $296.56 $273.12 38,492 INDEX VALUE $279.90 -0.19 $258.02 -2.05 109,065 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $308.56 -0.63 $285.12 -3.04 46.75 LDS CH CUTS / 18.03 LDS SEL CUTS / 3.49 LDS TRIM / 9.50 LDS GROUND DAILY CHOICE/SELECT SPREAD $23.44 TOTAL LOAD COUNT 78 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/05 $305.85 +0.05 CUTTER 90% 350# UP C/O: $220.31 +0.78 NAT'L BONELESS BF TRIM: 41.92 lds / Stdy/frm on lt dem & offers 90% TRIM: 23 lds: Wtd Avg: $273.26 / Firm FI KILL(WTD) MON 126 WK AGO 123 YR AGO 119 MIX: FRI SH92/CB25 SAT SH6/CB4 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 04/22/23 4,2153 11,889 Week Ending: 04/15/23 4,917 9,268 Change from prev week: -664 +2,621