DTN Cattle Close/Trends 05/07 15:25

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/07/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 10,430 WEEK T0 DATE: 10,430 STEERS 4,323 119.00-120.00 119.00-120.00 119.99 HEIFERS 2,170 120.00-120.00 120.00-120.00 120.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 1,719 WEEK TO DATE: 3,074 STEERS 349 195.00-196.00 195.00-196.00 195.70 HEIFERS 786 195.00-196.00 195.00-196.00 195.12 TEXAS CONFIRMED CASH SALES - TODAY: 3,548 WEEK TO DATE: 3,548 STEERS 1,494 120.00-120.00 120.00-120.00 120.00 HEIFERS 1,749 120.00-120.00 120.00-120.00 120.00 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 2,028 WEEK TO DATE: 3,936 STEERS 1,456 193.00-196.00 193.00-196.00 194.77 HEIFERS 394 195.00-196.00 195.00-196.00 195.50 COMMENTS: A light to moderate trade in the South today at mostly $120, $2 to $3 lower than last week's weighted averages. A light scattered trade was reported in parts of the North at $195 to $196, $2 to $3 lower than last week's weighted average basis Nebraska. 5-AREA LV STR AVE PR&WT: $120.53(1318)Light Test HIDE&OFFAL: $8.58 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $190.08 $175.79 123,082 BOX BASED $211.87 $199.83 51,823 AVE INDEX $200.97 -1.63 $187.81 -1.14 174,905 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $223.87 -3.13 $211.83 -2.15 94.69 LDS CH CUTS / 34.77 LDS SEL CUTS / 16.27 LDS TRIM / 22.54 LDS GROUND BOXED BEEF TREND: Shrply lr on lt-mod dem & mod-hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/03 $227.07 -2.59 CUTTER 90% 350# UP C/O: $171.75 -0.93 NAT'L BONELESS BF TRIM: 28.41 lds / Wk/Lr on lt-mod dem & mod offers 90% TRIM: 08 lds: Wtd Avg $221.93 / Moderately lower FI KILL(WTD) TUE 121(240) WK AGO 120(240) YR AGO 120(238) MIX: MON SH94/CB25 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