DTN Cattle Close/Trends 06/01 15:40

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/01/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 10,731 WEEK TO DATE: 11,998 STEERS LIVE FOB 5,543 175.00-180.00 175.00-180.00 178.42 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 3,219 175.00-180.00 175.00-180.00 178.85 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 10,605 WEEK TO DATE: 11,777 STEERS DRESSED DELIVERED 4,443 285.00-292.50 290.00-292.00 289.30 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 946 290.00-292.00 290.00-292.00 290.27 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 7,384 WEEK TO DATE: 8,199 STEERS LIVE FOB 4,586 174.50-180.00 174.50-180.00 176.38 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,246 173.50-180.00 173.50-180.00 178.21 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: 7,470 WEEK TO DATE: 7,923 STEERS DRESSED DELIVERED 1,217 288.00-292.00 289.00-292.00 288.91 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 88 290.00-290.00 290.00-290.00 290.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light to moderate trade was reported today with Northern dressed deals marked at mostly $292, $8 higher than last week's weighted averages. Southern live sales had a range of $175 to $180, mostly $178 to $180, $7 to $9 higher than last week's weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $178.48(1490) HIDE&OFFAL: $12.69 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $269.05 $251.86 74,557 DEMAND (Box) $294.44 $274.32 44,107 INDEX VALUE $281.74 +0.75 $263.09 -0.71 118,664 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $306.44 +0.60 $286.32 -0.83 98.78 LDS CH CUTS / 25.25 LDS SEL CUTS / 3.13 LDS TRIM / 19.85 LDS GROUND DAILY CHOICE/SELECT SPREAD $20.12 TOTAL LOAD COUNT 147 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/26 $298.18 -0.95 CUTTER 90% 350# UP C/O: $225.37 -1.31 NAT'L BONELESS BF TRIM: 13.18 lds / Shrply hr on lt-mod dem & lt offers 90% TRIM: 07 lds: Wtd Avg: $280.43 / Moderately lower FI KILL(WTD) THU 127(382) WK AGO 125(498) YR AGO 129(387) MIX: WED SH101/CB26 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 05/20/23 4,328 7,232 Week Ending: 05/13/23 5,043 8,762 Change from prev week: -247 +893