USDA MARKET NEWS--AFTERNOON CATTLE REPORT    05/02/24

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:      0  WEEK TO DATE:      895
    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:  3,962  WEEK TO DATE:   18,931
    STEERS DRESSED DELIVERED
          996         295.00-296.00       295.00-296.00       295.04
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          303         295.00-295.00       295.00-295.00       295.00
    HEIFERS DRESSED FOB
          No reportable trade
 
TEXAS     CONFIRMED CASH SALES - TODAY:      0  WEEK TO DATE:       22
    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: NA Conf WEEK TO DATE:  NA Conf
    STEERS LIVE FOB
          NA Due to Confidentiality
    STEERS LIVE DELIVERED
          NA Due to Confidentiality
    HEIFERS LIVE FOB
          NA Due to Confidentiality
    HEIFERS LIVE DELIVERED
          NA Due to Confidentiality

IOWA      CONFIRMED CASH SALES - TODAY:  1,703  WEEK TO DATE:   19,922
    STEERS DRESSED DELIVERED
          43          295.00-295.00       295.00-295.00       295.00
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          76          295.00-295.00       295.00-295.00       295.00
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  Some light trade was reported in the North at $186 live and 
$295 to $296 dressed, which is $1.00 to $2.00 higher than last week's 
weighted average. The Southern Plains didn't see much movement as packers 
were offering $182 but feedlots' asking prices were firm at $185 to $186. 
More trade will likely develop Friday. Thursday's slaughter is estimated at 
120,000 head -- 5,000 head less than a week ago and steady with a year ago. 
Boxed beef prices closed lower: choice down $0.64 ($292.90) and select down 
$0.09 ($287.98) with a movement of 164 loads (107.18 loads of choice, 29.61 
loads of select, 6.70 loads of trim and 20.89 loads of ground beef).


5-AREA LV STR AVG(FOB)PR&WT: $186.56(1495) HIDE&OFFAL: $11.28 -0.06
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD
    SUPPLY (Live)      $280.48                $271.12          84,286
    DEMAND (Box)       $280.90                $275.98          51,694
    INDEX VALUE        $280.69  +0.21         $273.55  +0.48  135,980
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $292.90  -0.64         $287.98  -0.09
 107.18 LDS CH CUTS / 29.61 LDS SEL CUTS /  6.70 LDS TRIM / 20.89 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $ 4.92  TOTAL LOAD COUNT  164
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/26 $299.19 -1.69
 CUTTER 90%  350# UP C/O: $269.52 -2.21
 NAT'L BONELESS BF TRIM:  35.80 lds / Sharply higher on mod-good demand; lite 
offers
90% TRIM: 14 lds: Wtd Avg: $345.75 / Sharply higher
FI KILL(WTD) THU 120(480)  WK AGO 125(488)  YR AGO 121(493)
               Previous Day Breakdown:  WED  SH 99 / CB 24 
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  04/20/24   5,857      13,273
  Week Ending:  04/13/24   4,038      14,274
   Change from prev week: +1,819      -1,001