DTN Cattle Close/Trends 05/12 15:30

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/12/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 31 WEEK TO DATE: 14,012 STEERS LIVE FOB 31 138.00-138.00 138.00-138.00 138.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,585 WEEK TO DATE: 32,619 STEERS DRESSED DELIVERED 1,126 227.00-230.00 227.00-230.00 227.53 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 211 227.00-227.00 227.00-227.00 227.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 9,528 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: 521 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: 1,139 WEEK TO DATE: 12,201 STEERS DRESSED DELIVERED 250 227.00-227.00 227.00-227.00 227.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Some light scattered trade was reported today. So far this week, Southern live sales have been marked at mostly $140, fully steady with last week's weighted averages. Northern dressed deals have been marked at mostly $230, about $0.50 lower than last week's weighted average basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $143.43(1436) HIDE&OFFAL: $13.63 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $210.59 $197.47 74,827 BOX BASED $245.20 $232.36 55,091 AVE INDEX $227..90 +0.78 $214.92 +0.81 129,918 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $257.20 +2.12 $244.36 +2.18 94.38 LDS CH CUTS / 19.38 LDS SEL CUTS / 8.06 LDS TRIM / 15.18 LDS GROUND DAILY CHOICE/SELECT SPREAD $12.84 TOTAL LOAD COUNT 137 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/06 $261.25 -4.86 CUTTER 90% 350# UP C/O: $217.95 -2.22 NAT'L BONELESS BF TRIM: 43.58 lds / Mostly shrply lr on lt dem & lt-mod offers 90% TRIM: 19 lds: Wtd Avg: $270.57 / Sharply lower FI KILL(WTD) THU 124(495) WK AGO 124(487) YR AGO 115(466) MIX: WED SH96/CB29 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 04/23/22 5,128 9,650 Week Ending: 04/16/22 3,120 8,255 Change from prev week: +2,008 +1,395