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.