DTN Market News

DTN Market News

DTN Cattle Close/Trends 05/22 15:25

5/22/2020 - 15:59:00





                 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