DTN Cattle Close/Trends 05/25 15:35
25 May 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/25/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 366 WEEK TO DATE: 12,498 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: 946 WEEK TO DATE: 22,632 STEERS DRESSED DELIVERED 350 286.00-286.50 286.00-286.50 286.06 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 179 286.00-286.00 286.00-286.00 286.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 10,799 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: 2,927 WEEK TO DATE: 28,505 STEERS DRESSED DELIVERED 391 285.00-285.00 285.00-285.00 285.00 STEERS DRESSED FOB 105 285.00-285.00 285.00-285.00 285.00 HEIFERS DRESSED DELIVERED 40 285.00-285.00 285.00-285.00 285.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Just a handful of trade was reported today at generally steady money with the yesterday's business. It is looking like the bulk of business is essentially completed. So far this week a light to moderate trade has been reported in all major feeding areas. Southern live deals were marked at mostly $171, compared to last week's weighted averages that is steady in Kansas and $1 higher in Texas. Northern 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: $178.16(1418) HIDE&OFFAL: $12.74 Unch CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $267.40 $249.31 112,794 DEMAND (Box) $287.94 $272.54 41,198 INDEX VALUE $277.67 +1.90 $260.92 +1.45 153,992 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $299.94 +1.64 $284.54 +0.75 68.43 LDS CH CUTS / 28.25 LDS SEL CUTS / 0.00 LDS TRIM / 6.83 LDS GROUND DAILY CHOICE/SELECT SPREAD $15.40 TOTAL LOAD COUNT 104 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/19 $299.13 -5.12 CUTTER 90% 350# UP C/O: $223.91 -1.45 NAT'L BONELESS BF TRIM: 7.49 lds / Not fully established 90% TRIM: 05 lds: Wtd Avg: $278.51 / Sharply lower FI KILL(WTD) THU 125(498) WK AGO 125(504) YR AGO 122(497) MIX: WED SH94/CB28 **** REVISION * WED 122(373) * REVISION **** 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