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DTN Cattle Close/Trends 05/10 15:40

10 May 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/10/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,667 WEEK TO DATE: 1,929 STEERS LIVE FOB 827 169.00-170.00 169.00-170.00 169.93 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 420 169.00-170.00 169.00-170.00 169.70 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 714 WEEK TO DATE: 714 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 346 268.00-268.00 268.00-268.00 268.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 1,043 WEEK TO DATE: 1,043 STEERS LIVE FOB 587 170.00-170.00 170.00-170.00 170.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 365 170.00-170.00 170.00-170.00 170.00 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: 1,478 WEEK TO DATE: 2,417 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 320 277.00-278.00 277.00-278.00 277.61 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade was reported in parts of the South today with the majority of trade reported at $170, $2 lower than last week's weighted averages. The North remained rather quiet with just a handful of heifers sold in Nebraska, but certainly not enough to establish and accurate trend for the week. 5-AREA LV STR AVG(FOB)PR&WT: $177.00(1550) HIDE&OFFAL: $13.10 +0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $263.31 $242.98 32,292 DEMAND (Box) $294.87 $272.54 41,691 INDEX VALUE $279.09 -0.24 $257.76 -0.16 73,983 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $306.87 -0.51 $284.54 -0.35 80.88 LDS CH CUTS / 36.21 LDS SEL CUTS / 6.96 LDS TRIM / 14.08 LDS GROUND DAILY CHOICE/SELECT SPREAD $22.33 TOTAL LOAD COUNT 138 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/05 $305.85 +0.05 CUTTER 90% 350# UP C/O: $224.43 +2.17 NAT'L BONELESS BF TRIM: 22.27 lds / Shrply hr on gd dem & lt offers 90% TRIM: 09 lds: Wtd Avg: $280.56 / Mostly sharply higher FI KILL(WTD) WED 126(380) WK AGO 126(376) YR AGO 122(365) MIX: TUE SH101/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 04/29/23 5,194 8,176 Week Ending: 04/22/23 4,253 11,889 Change from prev week: +941 -3,713