DTN Cattle Close/Trends 06/03 15:30

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/03/24 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: 0 WEEK TO DATE: 0 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: 116 WEEK TO DATE: 116 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: A rather quiet Monday with the cash cattle trade at a complete standstill. Bids and asking prices are not established as of yet and significant trade volume will likely be delayed until later in the week. 5-AREA LV STR AVG(FOB)PR&WT: $189.55(1488) HIDE&OFFAL: $11.39 -0.06 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $288.88 $275.79 55,363 DEMAND (Box) $303.60 $291.70 45,866 INDEX VALUE $296.24 +1.50 $283.74 +1.96 101,229 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $315.60 +2.40 $303.70 +1.99 52.34 LDS CH CUTS / 18.18 LDS SEL CUTS / 0.00 LDS TRIM / 19.72 LDS GROUND DAILY CHOICE/SELECT SPREAD $11.90 TOTAL LOAD COUNT 90 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/31 $310.69 +2.57 CUTTER 90% 350# UP C/O: $278.98 +2.14 NAT'L BONELESS BF TRIM: 33.75 lds / Not fully established 90% TRIM: 31 lds: Wtd Avg: $356.03 / Sharply higher FI KILL(WTD) MON 120(120) WK AGO 2( 2) YR AGO 120(120) Previous Day Breakdown: FRI SH99/CB23 / SAT SH39/CB4 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