DTN Cattle Close/Trends 04/28 17:15

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/28/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,282 WEEK TO DATE: 6,087 STEERS LIVE FOB 1,231 118.00-119.00 118.00-119.00 118.08 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 18,117 WEEK TO DATE: 20,034 STEERS DRESSED DELIVERED 8,116 188.00-191.00 188.00-191.00 190.32 STEERS DRESSED FOB 343 190.00-190.00 190.00-190.00 190.00 HEIFERS DRESSED DELIVERED 2,210 190.00-191.00 190.00-191.00 190.92 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 7,377 WEEK TO DATE: 8,365 STEERS LIVE FOB 4,083 118.00-119.00 118.00-119.00 118.68 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,753 117.75-119.00 117.75-119.00 118.67 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 1,073 WEEK TO DATE: 2,375 STEERS LIVE FOB 573 120.00-120.00 120.00-120.00 120.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 260 120.00-120.00 120.00-120.00 120.00 HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 5,646 WEEK TO DATE: 6,962 STEERS DRESSED DELIVERED 2,017 188.00-191.00 188.00-191.00 190.45 STEERS DRESSED FOB 170 189.00-189.00 189.00-189.00 189.00 HEIFERS DRESSED DELIVERED 655 191.00-191.00 191.00-191.00 191.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Cattle sold in the South for $118 to $120, and dressed cattle sold for $190 to $191. Of that cattle that sold in the North a large percentage of them sold with delivery set for either the week of 5/10/2021 or 5/17/2021. There should be more trade develop Thursday and potentially even Friday. Boxed beef prices closed mixed: choice up $1.51 ($292.50) and select down $0.53 ($279.00) with a movement of 130 loads (78.46 loads of choice, 25.31 loads of select, 13.07 loads of trim and 13.54 loads of ground beef). 5-AREA LV STR AVG(FOB)PR&WT: $118.97(1390) HIDE&OFFAL: $11.95 +0.96 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $176.76 $165.65 59,799 BOX BASED $280.50 $267.00 40,415 AVE INDEX $228.63 -0.18 $216.33 -1.20 100,214 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $292.50 +1.51 $279.00 -0.53 78.46 LDS CH CUTS / 25.31 LDS SEL CUTS / 13.07 LDS TRIM / 13.54 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/23 $273.95 +8.12 CUTTER 90% 350# UP C/O: $197.24 +0.86 NAT'L BONELESS BF TRIM: 67.86 lds / Shrply lwr on lgt dem & moder offer 90% TRIM: 25 lds: Wtd Avg $243.20 / Firm to moder higher FI KILL(WTD) WED 120(358) WK AGO 120(360) YR AGO 75(227) MIX: TUE SH95/CB26 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 04/17/21 2,853 10,147 Week Ending: 04/10/21 2,191 9,780 Change from prev week: +662 +367