DTN Cattle Close/Trends 05/18 15:40

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/18/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,749 WEEK TO DATE: 3,951 STEERS LIVE FOB 1,099 168.00-170.00 170.00-170.00 169.18 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 764 170.00-170.00 170.00-170.00 170.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,419 WEEK TO DATE: 5,829 STEERS DRESSED DELIVERED 160 280.00-281.00 280.00-281.00 280.50 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 4,254 WEEK TO DATE: 4,478 STEERS LIVE FOB 3,180 170.00-170.00 170.00-170.00 170.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 727 170.00-170.00 170.00-170.00 170.00 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: 1,918 WEEK TO DATE: 7,757 STEERS DRESSED DELIVERED 282 280.00-280.00 280.00-280.00 280.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 80 280.00-280.00 280.00-280.00 280.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade developed in most areas today with Northern dressed deals marked at mostly $280, generally steady with last week's weighted averages. Live deals were at $176 to $178, steady to $2 higher than last week's weighted averages. In the South live deals were marked at $170, fully steady with last week's weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $176.83(1444) HIDE&OFFAL: $12.71 -0.39 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $265.93 $245.35 60,247 DEMAND (Box) $286.31 $271.61 40.844 INDEX VALUE $276.12 +1.21 $258.48 +1.49 101,091 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $298.31 +0.16 $283.61 +0.72 60.86 LDS CH CUTS / 13.01 LDS SEL CUTS / 0.00 LDS TRIM / 8.52 LDS GROUND DAILY CHOICE/SELECT SPREAD $14.70 TOTAL LOAD COUNT 82 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/12 $304.25 -1.60 CUTTER 90% 350# UP C/O: $222.33 +0.07 NAT'L BONELESS BF TRIM: 7.83 lds / Not fully established 90% TRIM: 09 lds: Wtd Avg: $276.91 / Mostly weak to lower FI KILL(WTD) THU 125(504) WK AGO 126(506) YR AGO 123(496) MIX: WED SH98/CB28 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 05/06/23 5,290 7,869 Week Ending: 04/29/23 5,194 8,176 Change from prev week: +96 -307