DTN Cattle Close/Trends 05/11 15:50
11 May 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/11/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 16 WEEK TO DATE: 16 STEERS LIVE FOB No reportable live trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 4,038 WEEK TO DATE: 7,117 STEERS DRESSED DELIVERED 2,087 191.00-192.50 191.00-192.50 191.12 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED 890 191.00-192.50 191.00-192.50 191.64 HEIFERS LIVE FOB No reportable dressed trade HEIFERS LIVE DELIVERED No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 292 WEEK TO DATE: 292 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 292 119.50-119.50 119.50-119.50 119.50 HEIFERS LIVE DELIVERED No reportable trade COLORADO 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 IOWA CONFIRMED CASH SALES - TODAY: 2,050 WEEK TO DATE: 2,368 STEERS DRESSED DELIVERED 461 190.00-192.00 190.00-192.00 190.68 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 141 190.00-192.00 190.00-192.00 190.87 HEIFERS DRESSED FOB No reportable trade COMMENTS: Some light trade today, mostly in the North with the majority at $191, generally $2 higher than last week's weighted average basis Nebraska. A more significant trade will take place tomorrow and/or Thursday. 5-AREA LV STR AVG(FOB)PR&WT: $120.91(1517) HIDE&OFFAL: $12.07 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $174.14 $158.60 57,057 BOX BASED $300.37 $284.34 34,616 AVE INDEX $237.25 +1.73 $221.47 +1.39 91,673 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $312.37 +3.26 $296.34 +2.58 73.46 LDS CH CUTS / 11.40 LDS SEL CUTS / 7.46 LDS TRIM / 13.21 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/07 $289.45 +7.48 CUTTER 90% 350# UP C/O: $205.06 +2.12 NAT'L BONELESS BF TRIM: 47.79 lds / Mostly shrply hr on gd dem & lt offers 90% TRIM: 14 lds: Wtd Avg $251.11 / Mostly moderately higer FI KILL(WTD) TUE 118(230) WK AGO 121(235) YR AGO 94(183) MIX: MON SH89/CB23 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 04/24/21 3,046 8,761 Week Ending: 04/17/21 2,853 10,147 Change from prev week: +193 -1,386