DTN Cattle Close/Trends 05/24 16:00
24 May 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/24/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 9,667 WEEK TO DATE: 10,987 STEERS LIVE FOB 5,353 170.00-174.00 170.00-174.00 171.24 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,445 168.00-171.00 168.00-171.00 170.63 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 10,326 WEEK TO DATE: 11,839 STEERS DRESSED DELIVERED 3,664 280.00-286.50 280.00-286.50 284.93 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 729 285.00-286.50 285.00-286.50 285.94 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 6,031 WEEK TO DATE: 10,096 STEERS LIVE FOB 3,599 170.00-171.50 170.00-171.50 170.88 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,714 170.00-171.00 170.00-171.00 170.90 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: 5,999 WEEK TO DATE: 6,642 STEERS DRESSED DELIVERED 243 283.00-285.00 283.00-285.00 284.11 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 382 285.00-285.00 285.00-285.00 285.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Light to moderate trade was reported in all major feeding areas today, with Southern live deals at mostly $171, compared to last week's weighted averages that is steady in Kansas and $1 higher in Texas. Nebraska's dressed deals were marked at mostly $285 to $286, $4 to $5 higher when compared to last week's weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $170.91(1347) HIDE&OFFAL: $12.74 Unch CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $265.24 $247.15 67,994 DEMAND (Box) $286.30 $271.79 39,614 INDEX VALUE $275.77 -1.50 $259.47 +0.98 107,608 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $298.30 -2.44 $283.79 +2.51 95.37 LDS CH CUTS / 21.33 LDS SEL CUTS / 3.47 LDS TRIM / 13.03 LDS GROUND DAILY CHOICE/SELECT SPREAD $14.51 TOTAL LOAD COUNT 133 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/19 $299.13 -5.12 CUTTER 90% 350# UP C/O: $225.36 +1.18 NAT'L BONELESS BF TRIM: 19.51 lds / Sharply lr on lt dem & offers 90% TRIM: 08 lds: Wtd Avg: $281.01 / Unevenly steady FI KILL(WTD) WED 126(377) WK AGO 126(379) YR AGO 124(375) MIX: TUE SH99/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 05/13/23 5,043 8,762 Week Ending: 05/06/23 5,290 7,869 Change from prev week: -247 +893