DTN Cattle Close/Trends 05/02 15:50
2 May 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/02/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,187 WEEK T0 DATE: 22,961 STEERS 742 121.00-121.00 121.00-121.00 121.00 HEIFERS 407 121.00-121.00 121.00-121.00 121.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 2,697 WEEK TO DATE: 61,064 STEERS 1,037 196.00-198.00 196.00-198.00 196.24 HEIFERS No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 77 WEEK TO DATE: 5,618 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS Not available due to confidentiality HEIFERS Not available due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 3,287 WEEK TO DATE: 32,367 STEERS 1,697 200.00-200.00 200.00-200.00 200.00 HEIFERS 258 200.00-200.00 200.00-200.00 200.00 COMMENTS: Cash cattle market appears to be generally quiet following trade over the last couple of days. A few bids have redeveloped at $124 per cwt live basis in the North, although the majority of needed cattle have been bought already this week. Cash prices developed at $122 to $124 per cwt live and $198 to $200 dressed. This is generally $3 to $5 per cwt lower than last week. Some clean up business may be seen over the next couple of days, but most business is done. 5-AREA LV STR AVE PR&WT: $124.13(1382) HIDE&OFFAL: 8.57 Uncgd CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $191.22 $177.93 153,338 BOX BASED $219.80 $203.08 47,883 AVE INDEX $204.01 -1.41 $190.51 -1.90 201.221 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 228.80 -1.42 215.08 -2.42 76.84 LDS CH CUTS / 29.91 LDS SEL CUTS / 12.35 LDS TRIM / 33.69 LDS GROUND BOXED BEEF TREND: Lr on Choice & shrply lr on Sel on lt-mod dem & offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/26 $229.66 +0.78 CUTTER 90% 350# UP C/O: $171.88 -$0.03 NAT'L BONELESS BF TRIM: 53.12 lds / Mod-shrply lr on lgt dem & mod offers 90% TRIM: 22 lds: Wtd Avg $222.46 / Firm FI KILL(WTD) THR 122(483)WK AGO 121(478)YR AGO 121(474) MIX: WED SH95/CB26 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 04/20/19 9,111 10,478 Week Ending: 04/13/19 5,540 9,188 Change from prev week: +3,571 +1,290