DTN Cattle Close/Trends 05/16 15:50

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/16/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 733 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: 0 WEEK TO DATE: 69 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 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: 1,317 WEEK TO DATE: 1,352 STEERS DRESSED DELIVERED 109 300.00-300.00 300.00-300.00 300.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 20 298.00-298.00 298.00-298.00 298.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Only a scattering of trade was reported in parts of Iowa today, but certainly not enough to establish any kind of an accurate trend for the week. 5-AREA LV STR AVG(FOB)PR&WT: $184.81(1317) HIDE&OFFAL: $10.70 -0.16 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $282.49 $272.29 67,708 DEMAND (Box) $298.15 $284.51 45,998 INDEX VALUE $290.32 +1.83 $278.40 +1.24 113,706 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $310.15 +3.38 $296.51 +2.20 62.09 LDS CH CUTS / 25.93 LDS SEL CUTS / 14.21 LDS TRIM / 12.84 LDS GROUND DAILY CHOICE/SELECT SPREAD $13.64 TOTAL LOAD COUNT 115 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/10 $297.43 -1.28 CUTTER 90% 350# UP C/O: $273.95 +2.15 NAT'L BONELESS BF TRIM: 28.50 lds / Shrply hr on mod offers and mod-gd dem 90% TRIM: 10 lds: Wtd Avg: $351.74 / Sharply higher FI KILL(WTD) THU 124(487) WK AGO 122(489) YR AGO 124(502) Previous Day Breakdown: WED SH101 / CB23 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 05/04/24 5,113 10,010 Week Ending: 04/27/24 4,144 13,449 Change from prev week: +969 -3,439