DTN Cattle Close/Trends 05/25 15:40

USDA MARKET NEWS–AFTERNOON CATTLE REPORT 05/25/18

VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG

KANSAS CONFIRMED CASH SALES – TODAY: 253 WEEK T0 DATE: 1,702
STEERS 70 110.00-110.00 110.00-110.00 110.00
HEIFERS No reportable trade

NEBRASKA CONFIRMED CASH SALES – TODAY: 13,558 WEEK TO DATE: 15,851
STEERS 1,107 176.00-180.00 176.00-180.00 176.56
HEIFERS 399 177.00-180.00 177.00-180.00 178.75

TEXAS CONFIRMED CASH SALES – TODAY: 0 WEEK TO DATE: 0
STEERS No reportable trade
HEIFERS No reportable trade

COLORADO CONFIRMED CASH SALES – TODAY: 2,416 WEEK TO DATE: 2,416
STEERS 983 110.00-110.00 110.00-110.00 110.00
HEIFERS 973 108.00-110.00 108.00-110.00 108.83

IOWA CONFIRMED CASH SALES – TODAY: 4,378 WEEK TO DATE: 8,220
STEERS 877 170.00-180.00 170.00-180.00 174.85
HEIFERS 296 174.00-177.00 174.00-177.00 175.43

COMMENTS: The country was fairly quiet this afternoon with only a light
Scattered trade reported. The best test was in Nebraska, but that is not
Saying much. The dressed average in NE was 176.56 down from last week’s
Weighted average of 183.06. It looks like 110.00 was the live price generally
$5 lower than last week’s weighted average basis the South.

5-AREA LV STR AVE PR&WT: $113.64(1453)Light Test HIDE&OFFAL: $9.58 +0.09
CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD
LIVE BASED 172.06 150.45 12,174
BOX BASED 215.43 192.62 47,276
AVE INDEX 193.75 -0.95 171.53 -0.32 59,450
BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#)
227.43 -1.57 204.62 -0.31
46.92 LDS CH CUTS / 26.82 LDS SEL CUTS / 18.40 LDS TRIM / 12.46 LDS GROUND
BOXED BEEF TREND: Wk/Lr on lt-mod dem & mod offers
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/18 $221.70 -1.02
CUTTER 90% 350# UP C/O: $175.86 +0.33
NAT’L BONELESS BF TRIM: 14.18 lds / Hr on mod dem & lt offers
90% TRIM: 00 lds: Wtd Avg $No Test/ Lower
FI KILL(WTD) FRI 119(598) WK AGO 119(593) YR AGO 117(586) MIX: THU SH97/CB24
SAT 49(647) WK AGO 67(660) YR AGO 37(623)
WEEKLY CANADIAN CATTLE IMPORTS.
FEEDERS SLAUGHTER S&H
Week Ending: 05/12/18 9,571 4,577
Week Ending: 05/05/18 9,781 3,612
Change from prev week: -210 +965