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DTN CATTLE PRICES/TRENDS               05/17 07:55

WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 05/10-05/14

STATE  HEAD SOLD   LIVE PR RANGE   DRESSED PR RANGE
KS       1,200     119.00-120.00   .
NE       3,600     120.00-122.00   191.00-192.00
TX         700     119.00-120.00   .
CO         100     120.00          .
IA         300     .               191.00

DTN WEEKLY ROUND UP:  Trade started up on Tuesday again last 
week and came in a little bit each day for the rest of the 
week. Southern deals had a range of $119 to $120, roughly 
steady to $.50 higher than the prior week's weighted 
averages. Northern dressed trade had a range of $187.50 to 
$192.50, mostly $190 to $191, generally $1 to $2 higher than 
the previous week's weighted average basis Nebraska. 
According to Thursday's Daily Direct Slaughter Cattle Summary 
reports the accumulated weekly average price totals are as 
follows (the prior week's weighted averages are listed in 
parentheses): KS $119.18($118.86); NE $191.00($188.94); TX 
$119.14($118.83); IA $189.87($188.10); CO $120.00($118.00)

According to the Friday Afternoon Daily Direct Slaughter 
Cattle reports weekly trade volume totals were as follows: KS 
8,814; NE 23,087; TX 7,953; IA 18,350, CO 1,135. Friday's 
slaughter totaled 115,000 head, 4,000 more than the prior 
week and 21,000 greater than the previous year. Saturday's 
kill was estimated at 62,000 head, bringing the weekly total 
to 640,000 head, 2,000 above the week before, and 121,000 
higher than 2020.

DTN COMMENTS: A typically quiet Monday morning with both buyers 
and sellers busy taking inventory. Bids and asking prices are 
not established as of yet, and significant trade volume will 
likely be delayed until the second half of the week. Beef 
cutouts are expected to be mixed lower with generally light box 
movement.

For the week ending May 08, 2021, Imported Beef Passed for 
Entry in the U.S. totaled 39,871, 95.02% of the previous week 
and 99.18% of the 4-week average. 

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 in order 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 
1-800-369-7675, ext. 3678. All sales will be listed anonymously 
and organized by state. General volumes and summaries from this 
data will also be posted on the Daily Sales Reported to DTN 
page.

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