DTN Cattle Close/Trends 04/28 16:07
28 Apr 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/28/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 23,812 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: 480 WEEK TO DATE: 32,297 STEERS DRESSED DELIVERED 112 233.00-233.00 233.00-233.00 233.00 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: 15,630 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: 0 WEEK TO DATE: 1,710 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: 442 WEEK TO DATE: 37,401 STEERS DRESSED DELIVERED 38 232.00-232.00 232.00-232.00 232.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: It was a quiet day for the cash cattle market other than some dabs of clean up trade that took place. Friday's market is likely to be the same. Beef net sales of 11,400 mt for 2022 were down 24% from the previous week and 34% from the prior 4-week average. The three largest buyers were Japan (4,100 mt), China (1,500 mt) and South Korea (1,300 mt). Thursday's actual slaughter data shared that compared to last week's data, steers fell three pounds to average 909 pounds and heifers fell five pounds to average 835 pounds. 5-AREA LV STR AVG(FOB)PR&WT: $145.65(1466) HIDE&OFFAL: $13.45 Up 0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $212.12 $200.25 104,968 BOX BASED $250.60 $239.06 50,431 AVE INDEX $231.36 +0.31 $219.65 -0.67 155,399 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $262.60 +0.69 $251.06 -1.26 111.44 LDS CH CUTS / 27.95 LDS SEL CUTS / 11.30 LDS TRIM / 16.98 LDS GROUND DAILY CHOICE/SELECT SPREAD $11.54 TOTAL LOAD COUNT 168 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/22 $269.85 -3.00 CUTTER 90% 350# UP C/O: $221.36 +1.33 NAT'L BONELESS BF TRIM: 42.24 lds / Shrply lwr on lgt dem & mod offers 90% TRIM: 09 lds: Wtd Avg: $274.82/ Moderately higher FI KILL(WTD) Thurs 123(498) WK AGO 122(483) YR AGO 121(480) MIX: WED SH96/CB29 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 04/16/22 3,120 8,255 Week Ending: 04/09/22 5,505 11,485 Change from prev week: -2,385 -3,230