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DTN CATTLE PRICES/TRENDS 05/06 08:00
TOTALS OF WEEKLY SALES REPORTED TO DTN FOR THE WEEK OF: 04/29-05/03
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 2,100 184.00 .
NE 3,000 185.00-187.00 295.00-296.00
TX 800 184.00 .
CO . . .
IA 1,500 186.00-188.00 295.00
DTN WEEKLY ROUND UP: Business started on Wednesday last week and
continued throughout the week. Northern dressed deals had a range of
$292 to $296, mostly $295, $1 higher than the prior week's weighted
averages. Southern live trade did not start up until Friday and most
sales were done at $184, $2 higher than 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 $NA($182.03); NE $294.63($294.17); TX $NA($181.91);
IA $294.62($294.85); CO not available due to confidentiality.
Southern weighted averages were not available due to the late week
trade.
The Friday Afternoon Daily Direct Slaughter Cattle report lists
week-to-date trade volume totals as: KS 7,996; NE 22,359; TX 2,100;
IA 28,812; CO NA due to confidentiality. Friday's slaughter totaled
119,000 head, 6,000 greater than the prior week, and 2,000 head more
than a year ago. Saturday's kill was estimated at 20,000 head,
bringing the weekly total to 619,000 head, 6,000 above the previous
week, but 2,000 less than 2023. The weekly averages for boxed beef
cutouts and boxed beef cuts: choice $294.51(-2.12), select $288.77(-
1.91), with an average choice select spread of $5.74(-0.20), and a
total load count including cuts, trimmings, and grinds of 661(+17).
Changes from the prior week are listed in parentheses.
For the week ending April 27, 2024, Imported Beef Passed for Entry
in the U.S. totaled 49,836, 102.60% of the previous week and 102.00%
of the 4-week average.
DTN MORNING COMMENTS: As both packers and producers are busy
preparing for the week ahead, it should 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. Beef
cutouts are expected to be mixed 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.
For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
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