DTN Cattle Close/Trends 05/21 15:40

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/21/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS 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 NEBRASKA CONFIRMED CASH SALES - TODAY: 344 WEEK TO DATE: 344 STEERS DRESSED DELIVERED No reportable dressed 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: 1,507 WEEK TO DATE: 1,507 STEERS DRESSED DELIVERED 214 298.00-300.00 298.00-300.00 298.97 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 140 298.00-298.00 298.00-298.00 298.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Just a handful of trade was reported in parts of the North at $192 live in NE and IA, and $298 to $300 in IA. But this was not enough to establish an accurate trend for the week. A more significant trade will likely be delayed until the second half of the week. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $11.45 +0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $285.01 $271.33 73,025 DEMAND (Box) $301.02 $288.87 40,488 INDEX VALUE $293.01 +0.11 $280.10 +0.72 113,513 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $313.02 +0.32 $300.87 +1.52 60.93 LDS CH CUTS / 16.43 LDS SEL CUTS / 8.64 LDS TRIM / 13.76 LDS GROUND DAILY CHOICE/SELECT SPREAD $12.15 TOTAL LOAD COUNT 100 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/17 $302.13 +4.70 CUTTER 90% 350# UP C/O: $273.95 +1.34 NAT'L BONELESS BF TRIM: 27.98 lds / Shrply hr on mod-gd dem & mod offers 90% TRIM: 14 lds: Wtd Avg: $350.03 / Mostly firm to higher FI KILL(WTD) TUE 122(242) WK AGO 123(239) YR AGO 128(253) Previous Day Breakdown: MON SH99 / CB21 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