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DTN CATTLE PRICES/TRENDS 05/13 08:05
TOTALS OF WEEKLY SALES REPORTED TO DTN FOR THE WEEK OF: 05/06-05/10
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 2,100 184.00-185.00 .
NE 2,700 186.00-187.00 295.00-296.00
TX 1,400 184.00-185.00 .
CO 300 187.00 .
IA 500 187.00 295.00
DTN WEEKLY ROUND UP: The bulk of trade was delayed until Friday
last week with Southern live deals at $183 to $187, mostly $184,
fully steady with the prior week's weighted averages. Northern
dressed business had a full range of $294 to $296, mostly $295, also
steady with the previous week's weighted averages. According to
Thursday's Daily Direct Slaughter Cattle Negotiated Purchase Summary
reports, weekly accumulated totals were as follows, (the prior
week's weighted averages are listed in parentheses). KS
$184.17($184.01); NE $296.00 ($294.64); TX $183.93($184.00); IA
$295.00($294.66); CO not available due to confidentiality. Note, due
to the late week trade the weighted averages listed above are not
necessarily what we will see later this morning when summary reports
are released.
The Friday Afternoon Daily Direct Slaughter Cattle report lists
week-to-date trade volume totals as: KS 10,774; NE 13,556; TX 2,837;
IA 23,300; CO NA due to confidentiality. Friday's slaughter totaled
120,000 head, 1,000 more than the prior week, but 4,000 less than a
year ago. Saturday's kill was estimated at 13,000 head, bringing the
weekly total to 622,000 head, even with the previous week, but
22,000 less than 2023. The weekly average for boxed beef cutouts and
boxed beef cuts: choice $296.78(+2.27), select $288.05(-0.72), with
an average choice select spread of $8.72(+2.99), and a total load
count including cuts, trimmings, and grinds of 651(-10). Changes
from the prior week are listed in parentheses.
For the week ending May 04, 2024, Imported Beef Passed for Entry in
the U.S. totaled 47,490, 95.29% of the previous week and 97.44% of
the 4-week average.
DTN MORNING COMMENTS: It looks to be a typically quiet Monday with
bids and asking prices not established. Significant trade volume will
likely be delayed until the second half of the week, as both packers
and producers are busy preparing for the week ahead. Beef cutouts are
expected to be lower with generally light box movement.
NOTE: The price and volume information listed on this page is
supplied by DTN subscribers in the interest of general cash market
awareness. All cattle feeding subscribers are encouraged to report
sales in a timely fashion, to compensate for the systematic delays of
mandatory reporting. While all transactions will be posted on an
anonymous basis, callers are required to identify themselves and the
location of the actual sales. DTN believes this data to be accurate
but cannot guarantee its specific reliability or whether it fairly
represents the larger cash market.
Feedlots are encouraged to call DTN with any cattle sales, at
1-402-461-3561. All sales will be listed anonymously and organized
by state. A weekly summary of this data will be posted on the
Weekly Cattle Sales Reported to DTN page and will be left up for
the entire week for reference purposes.
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
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