DTN Cattle Close/Trends 06/05 15:45

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/05/24 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: 152 WEEK TO DATE: 404 STEERS DRESSED DELIVERED 76 302.00-302.00 302.00-302.00 302.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Another rather quiet day in cash cattle country with just a handful of trade reported in parts of Iowa ($188/$302) but certainly not enough to establish an accurate trend for the week. Bids remain very elusive, asking prices of $305 to $306 were noted in parts of the North. Significant trade volume will be delayed until Thursday or later. 5-AREA LV STR AVG(FOB)PR&WT: $190.00(1700) HIDE&OFFAL: $11.33 -0.06 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $289.00 $275.91 55,197 DEMAND (Box) $302.79 $288.90 45,935 INDEX VALUE $295.89 -0.99 $282.40 -1.73 101,132 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $314.79 -2.09 $300.90 -3.57 66.10 LDS CH CUTS / 23.97 LDS SEL CUTS / 7.27 LDS TRIM / 17.55 LDS GROUND DAILY CHOICE/SELECT SPREAD $13.89 TOTAL LOAD COUNT 115 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/31 $310.69 +2.57 CUTTER 90% 350# UP C/O: $280.92 +1.69 NAT'L BONELESS BF TRIM: 19.02 lds / Shrply hr on gd dem & lt-mod offers 90% TRIM: 10 lds: Wtd Avg: $360.21 / Sharply higher FI KILL(WTD) WED 124(367) WK AGO 125(250) YR AGO 124(370) Previous Day Breakdown: TUE SH 101 / CB 22 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 05/25/24 3,994 7,571 Week Ending: 05/18/24 4,387 8,528 Change from prev week: -393 -957