DTN Cattle Close/Trends 05/22 15:25
22 May 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/22/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 11,078 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: 1,142 WEEK TO DATE: 25,619 STEERS DRESSED DELIVERED 473 175.00-175.00 175.00-175.00 175.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 278 180.00-180.00 180.00-180.00 180.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 468 WEEK TO DATE: 5,067 STEERS LIVE FOB 253 110.00-110.00 110.00-110.00 110.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 215 110.00-110.00 110.00-110.00 110.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Trade not available due to confidentiality STEERS LIVE DELIVERED Trade not available due to confidentiality HEIFERS LIVE FOB Trade not available due to confidentiality HEIFERS LIVE DELIVERED Trade not available due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 247 WEEK TO DATE: 21,086 STEERS DRESSED DELIVERED 41 182.00-182.00 182.00-182.00 182.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 503 175.00-190.00 175.00-190.00 184.81 HEIFERS DRESSED FOB No reportable trade COMMENTS: A fairly quiet Friday with just a handful of trade reported. The May 1 on feed report listed 11.2 million head, down 5% from May 2019. Placements in April totaled 1.43. million head, 22% below last year, and the second lowest placements for April since the series began in 1996; marketing's in April totaled 1.46 million head, 24% less than the prior year, and the lowest April marketing's since the series began in 1996; other disappearance in April totaled 70,000 head, 17% above the same time last year. 5-AREA LV STR AVG(FOB)PR&WT: $116.49(1510) HIDE&OFFAL: $7.10 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $180.30 $162.21 72,938 BOX BASED $384.74 $362.18 51,767 AVE INDEX $282.52 -2.44 $262.19 -4.08 124,705 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $396.74 -5.07 $374.18 -8.35 46.14 LDS CH CUTS / 13.65 LDS SEL CUTS / 9.00 LDS TRIM / 32.06 LDS GROUND BOXED BEEF TREND: Not available due to technical difficulties COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/15 $421.80 +30.47 CUTTER 90% 350# UP C/O: $242.66 +1.66 NAT'L BONELESS BF TRIM: 40.28 lds / Shrply hr on gd dem & lt-mod offers 90% TRIM: 11 lds: Wtd Avg $305.94 / Firm to higher FI KILL(WTD) FRI 102(499) WK AGO 91(449) YR AGO 120(601) MIX: THU SH80/CB23 SAT 56(555) WK AGO 50(499) YE AGO 46(647) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 05/09/20 2,623 10,082 Week Ending: 05/02/20 3,243 7,353 Change from prev week: -620 +2,729