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DTN Cattle Close/Trends 05/30 15:40

30 May 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/30/23 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: 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 COMMENTS: A very typical Monday with the cash cattle trade at a complete standstill. Bids and asking prices have yet to be established, and significant trade volume will likely be delayed until the second half of the month. 5-AREA LV STR AVG(FOB)PR&WT: FRI $180.79(1409) MON $No Test HIDE&OFFAL: $12.74 Unch CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $269.01 $251.83 72,407 DEMAND (Box) $292.96 $275.77 42,523 INDEX VALUE $280.99 +0.78 $263.80 +2.14 114,930 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $304.96 +1.03 $287.77 +2.85 73.41 LDS CH CUTS / 20.71 LDS SEL CUTS / 7.64 LDS TRIM / 13.40 LDS GROUND DAILY CHOICE/SELECT SPREAD $17.19 TOTAL LOAD COUNT 115 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/26 $298.18 -0.95 CUTTER 90% 350# UP C/O: $224.83 +2.53 NAT'L BONELESS BF TRIM: 51.63 lds / Shrply hr on gd dem & mod offers 90% TRIM: 32 lds: Wtd Avg: $278.81 / Sharply higher FI KILL(WTD) MON 2( 2) WK AGO 125(125) YR AGO 3( 3) TUE 126(125) WK AGO 126(251) YR AGO 127(130) MIX: FRI SH93/CB25 SAT SH8/CB1 MON SH1/CB1 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 05/13/23 5,043 8,762 Week Ending: 05/06/23 5,290 7,869 Change from prev week: -247 +893