DTN Cattle Close/Trends 05/03 15:30
3 May 2018
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/03/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 26,577 WEEK T0 DATE: 27,609 STEERS 11,860 124.00-126.50 124.00-126.50 125.86 HEIFERS 9,404 124.00-126.50 124.00-126.50 125.88 NEBRASKA CONFIRMED CASH SALES - TODAY: 10,042 WEEK TO DATE: 22,481 STEERS 1,944 190.00-200.00 190.00-200.00 195.10 HEIFERS 141 189.00-200.00 189.00-200.00 197.27 TEXAS CONFIRMED CASH SALES - TODAY: 9,894 WEEK TO DATE: 9,894 STEERS 5,343 124.00-126.00 124.00-126.00 125.62 HEIFERS 2,981 126.00-126.00 126.00-126.00 126.00 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 1,530 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 7,969 WEEK TO DATE: 23,466 STEERS 895 194.00-196.00 194.00-196.00 195.56 HEIFERS 144 190.00-196.00 190.00-196.00 193.33 COMMENTS: A light to moderate trade in the South at mostly 126.00, roughly $3 higher than last week's weighted averages. The North had a wide range of dressed trade and it sounds like the majority of business is for delayed delivery. 5-AREA LV STR AVE PR&WT: $118.43(1372) HIDE&OFFAL: $9.74 +0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 186.91 172.75 132,447 BOX BASED 215.56 197.17 39,714 AVE INDEX 201.24 -0.07 184.96 +0.43 172,161 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 227.56 +0.26 209.17 +1.29 40.83 LDS CH CUTS / 31.26 LDS SEL CUTS / 5.82 LDS TRIM / 20.90 LDS GROUND BOXED BEEF TREND: Firm/hr on mod-frly gd dem & lt-mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/27 $212.38 +1.49 CUTTER 90% 350# UP C/O: $173.09 -0.81 NAT'L BONELESS BF TRIM: 63.50 lds / Mostly firm/hr on mod dem & lt offers 90% TRIM: 21 lds: Wtd Avg $217.46 / Slightly lower FI KILL(WTD) THU 119(472) WK AGO 119(474) YR AGO 117(454) MIX: WED SH92/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 04/21/18 6,220 5,595 Week Ending: 04/14/18 7,705 6,844 Change from prev week: -1,485 -1,249