DTN Cattle Close/Trends 05/31 15:35

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/31/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 5,146 WEEK TO DATE: 10,027 STEERS LIVE FOB 2,202 186.00-187.00 186.00-186.00 186.10 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,266 186.00-190.00 186.00-190.00 186.63 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 15,385 WEEK TO DATE: 19,302 STEERS DRESSED DELIVERED 4,959 301.00-301.50 301.00-301.50 301.03 STEERS DRESSED FOB 298 304.00-304.00 304.00-304.00 304.00 HEIFERS DRESSED DELIVERED 1,393 301.00-309.00 301.00-302.00 301.69 HEIFERS DRESSED FOB 428 302.00-302.00 302.00-302.00 302.00 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 4,702 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: 7,920 WEEK TO DATE: 9,361 STEERS DRESSED DELIVERED 1,996 298.00-304.00 298.00-304.00 300.34 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 240 300.00-304.00 300.00-304.00 302.67 HEIFERS DRESSED FOB No reportable trade COMMENTS: This week Southern live deals were marked at mostly $186, $1 lower than last week's weighted averages. Northern dressed business was marked at mostly $301, $3 lower than last week's weighted average basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $187.13(1390) HIDE&OFFAL: $11.45 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $288.28 $273.86 54,509 DEMAND (Box) $301.20 $289.71 47,129 INDEX VALUE $294.74 -0.62 $281.78 -0.61 101,638 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $313.20 -0.84 $301.71 -0.81 86.57 LDS CH CUTS / 21.55 LDS SEL CUTS / 7.37 LDS TRIM / 11.62 LDS GROUND DAILY CHOICE/SELECT SPREAD $11.50 TOTAL LOAD COUNT 127 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/24 $308.12 +5.99 CUTTER 90% 350# UP C/O: $276.84 -2.37 NAT'L BONELESS BF TRIM: 32.02 lds / Shrply lr on lt offs & dem 90% TRIM: 21 lds: Wtd Avg: $353.08 / Unevenly steady FI KILL(WTD) FRI 122(497) WK AGO 117(603) YR AGO 124(504) SAT 43(540) WK AGO 4(607) YR AGO 64(568) Previous Day Breakdown: THU SH 101 / CB 24 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 05/18/24 4,387 8,528 Week Ending: 05/11/24 5,316 7,587 Change from prev week: -929 +941