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           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    05/28/24

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:  0  WEEK TO DATE:   0
    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:    235  WEEK TO DATE:   235
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          235         298.00-298.00       298.00-298.00       298.00
    HEIFERS DRESSED FOB
          No reportable trade
 
TEXAS     CONFIRMED CASH SALES - TODAY:    0  WEEK TO DATE:    0
    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:  0  WEEK TO DATE:   0
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  Comments: It was a quiet day for the cash cattle market with 
no bids or asking prices developed. It's likely trade will be delayed until 
Thursday or later again this week. Prices are expected to be steady to 
somewhat higher as feedlots continue to possess the majority of the market's 
leverage.

5-AREA LV STR AVG(FOB)PR&WT: $NA HIDE&OFFAL: $11.24 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)   HEAD
    SUPPLY (Live)      $288.83                $274.41          45,865
    DEMAND (Box)       $300.12                $291.43          42,824
    INDEX VALUE        $294.48  +2.00         $282.92  +1.64  88,689
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $312.12  +1.67         $303.43  +1.71
  71.34 LDS CH CUTS / 21.24 LDS SEL CUTS /  8.25 LDS TRIM / 16.00 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $ 8.73  TOTAL LOAD COUNT  107
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/24 $308.12 +5.99
 CUTTER 90%  350# UP C/O: $274.83 +0.05
 NAT'L BONELESS BF TRIM: 8.2 5lds / Mostly steady on lite-mod demand & offers
90% TRIM: 0 lds: Wtd Avg: $NA / 
FI KILL(WTD) TUE 123(125)  WK AGO 122(242)  YR AGO 126(128)
                     MON   2       WK AGO 120       YR AGO   3
               Previous Day Breakdown: THU SH 99 / CB 23
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  05/11/24   5,316       7,587
  Week Ending:  05/04/24   5,113      10,010
   Change from prev week:   +203      -2,423

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