DTN Cattle Close/Trends 05/23 15:35
23 May 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/23/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 6,305 WEEK TO DATE: 8,320 STEERS LIVE FOB 2,443 187.00-192.00 187.00-192.00 187.26 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,446 187.00-192.00 187.00-192.00 187.76 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 961 WEEK TO DATE: 1,926 STEERS DRESSED DELIVERED 61 302.00-302.00 302.00-302.00 302.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 20 302.00-302.00 302.00-302.00 302.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 1,096 WEEK TO DATE: 1,329 STEERS LIVE FOB 414 187.00-187.00 187.00-187.00 187.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 417 187.00-187.00 187.00-187.00 187.00 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: 1,228 WEEK TO DATE: 2,907 STEERS DRESSED DELIVERED 149 302.00-302.00 302.00-302.00 302.00 STEERS DRESSED FOB 35 300.00-300.00 300.00-300.00 300.00 HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade was reported today with Southern live deals marked at mostly $187, $1 higher than last week's weighted averages. Northern dressed business was at $300 to $304, steady to $5 higher than last week's weighted average. Much of the Northern trade was reported after the Mandatory cutoff so it is not reported on today's reports. 5-AREA LV STR AVG(FOB)PR&WT: $188.74(1450) HIDE&OFFAL: $11.45 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $285.18 $271.50 75,230 DEMAND (Box) $297.84 $288.08 42,256 INDEX VALUE $291.51 -1.15 $279.79 +0.25 117,486 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $309.84 -2.33 $300.08 +0.47 80.61 LDS CH CUTS / 14.40 LDS SEL CUTS / 8.96 LDS TRIM / 10.52 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 9.76 TOTAL LOAD COUNT 114 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/17 $302.13 +4.70 CUTTER 90% 350# UP C/O: $275.44 +1.62 NAT'L BONELESS BF TRIM: 20.67 lds / Shrply hr on gd dem & mod offers 90% TRIM: 07 lds: Wtd Avg: $352.57 / Sharply higher FI KILL(WTD) THU 122(486) WK AGO 124(487) YR AGO 124(500) Previous Day Breakdown: WED SH 98 / CB 24 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 05/11/24 5,316 7,587 Week Ending: 05/04/24 5,113 10,010 Change from prev week: +203 -2,423