DTN Cattle Close/Trends 05/19 15:40

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/19/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,136 WEEK TO DATE: 8,071 STEERS LIVE FOB 505 170.00-175.00 170.00-175.00 171.52 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 321 170.00-170.00 170.00-170.00 170.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 7,468 WEEK TO DATE: 16,931 STEERS DRESSED DELIVERED 2,058 280.00-282.00 280.00-282.00 281.80 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 1,094 282.00-282.00 282.00-282.00 282.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 3,608 WEEK TO DATE: 10,274 STEERS LIVE FOB 1,938 169.50-170.00 170.00-170.00 169.98 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,670 169.50-170.00 170.00-170.00 169.98 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: 3,308 WEEK TO DATE: 14,655 STEERS DRESSED DELIVERED 409 282.00-282.00 282.00-282.00 282.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 220 282.00-282.00 282.00-282.00 282.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: This week Northern dressed deals were marked at $280 to mostly $282, generally steady to $2 higher than previous week's weighted averages. Southern live deals were at mostly $170, fully steady with the prior week's weighted averages. It has been said that some cattle that were sold in Nebraska on Wednesday are going to be shipped as soon as today. The May 1 on feed report listed 11.6 million head, down 3% from May 2022. Placements in April totaled 1.75 million head, 4% below last year; marketing's in April totaled 1.70 million head, 10% less than the prior year; other disappearance in April totaled 51,000 head, 6% under the same time last year. 5-AREA LV STR AVG(FOB)PR&WT: $173.35(1385) HIDE&OFFAL: $12.71 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $265.15 $244.57 42,259 DEMAND (Box) $289.10 $271.94 39,124 INDEX VALUE $277.13 +1.01 $258.26 -0.22 81,383 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $301.10 +2.79 $283.94 +0.33 59.67 LDS CH CUTS / 12.97 LDS SEL CUTS / 10.12 LDS TRIM / 9.37 LDS GROUND DAILY CHOICE/SELECT SPREAD $17.16 TOTAL LOAD COUNT 92 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/12 $304.25 -1.60 CUTTER 90% 350# UP C/O: $221.21 -1.12 NAT'L BONELESS BF TRIM: 35.64 lds / Mostly shrply hr on gd dem & mod offers 90% TRIM: 16 lds: Wtd Avg: $274.41 / Mostly moderately lower FI KILL(WTD) FRI 122(626) WK AGO 124(630) YR AGO 123(619) MIX: THU SH98/CB27 SAT 16(642) WK AGO 16(646) YR AGO 57(677) 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