DTN Cattle Close/Trends 05/16 15:30
16 May 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/16/23 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: 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: Another quiet day in the country with the cash trade at a virtual standstill. A few early asking prices were reported in parts of the South at $172-plus, they have yet to be established in the North. Significant trade volume will likely develop in the second half of the week. 5-AREA LV STR AVG(FOB)PR&WT: $ No Test HIDE&OFFAL: $13.11 -0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $263.67 $243.09 66,985 DEMAND (Box) $287.47 $272.35 45,610 INDEX VALUE $275.57 -1.26 $257.72 -0.18 112,595 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $299.47 -2.51 $284.35 -0.36 94.41 LDS CH CUTS / 25.22 LDS SEL CUTS / 5.71 LDS TRIM / 10.65 LDS GROUND DAILY CHOICE/SELECT SPREAD $15.12 TOTAL LOAD COUNT 136 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/12 $304.25 -1.60 CUTTER 90% 350# UP C/O: $222.73 +0.70 NAT'L BONELESS BF TRIM: 15.22 lds / Sharply hr on gd dem & lt offers 90% TRIM: 00 lds: Wtd Avg: No Test / Not fully established FI KILL(WTD) TUE 127(253) WK AGO 128(254) YR AGO 127(250) MIX: MON SH100/CB26 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