DTN CATTLE PRICES/TRENDS               05/23 08:00

WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 05/16-05/20

STATE  HEAD SOLD   LIVE PR RANGE   DRESSED PR RANGE
KS       2,800     138.00          .
NE       3,000     142.00          226.00-227.00
TX       1,200     138.00          .
CO         400     142.00          .
IA         500     145.00          255.00-227.00

DTN WEEKLY ROUND UP:  The majority of business took place on  
Tuesday last week, with scattered deals here and there on 
Wednesday, Thursday, and Friday. Southern live trade had a 
range of $136 to $139, mostly $138, $2 lower than the prior 
week's weighted averages. Northern dressed deals had a full 
range of $223 to $228, mostly $226, $3 lower 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 
$137.85($139.96); NE $225.77($229.07); TX $137.85($139.68); IA 
$226.10($228.46); CO $141.33($144.00). 

According to the Friday Afternoon Daily Direct Slaughter 
Cattle reports weekly trade volume totals were: KS 14,289; NE 
22,935; TX 7,508; IA 29,268; and CO 955. Friday's slaughter 
totaled 123,000 head, 3,000 more than the prior week and 
4,000 greater than a year ago. Saturday's kill was estimated 
at 58,000 head, bringing the weekly total to 680,000 head, 
23,000 above the previous week, and 8,000 up from 2021. The 
weekly averages for boxed beef cutouts and boxed beef cuts: 
choice $261.03(+4.08), select $245.79(+2.61), with an average 
choice select spread of $15.24(+1.47), and a total load count 
including cuts, trimmings, and grinds of 525(-221). Changes 
from the prior week are listed in parentheses.

For the week ending May 14, 2022, Imported Beef Passed for 
Entry in the U.S. totaled 51,010, 100.50% of the previous week 
and 103.15% of the 4-week average. 

DTN MORNING COMMENTS: It will likely be another quiet Monday 
with bids and asking prices not established as of yet, as both 
packers and producers are busy taking inventory. Significant 
trade volume will likely be delayed until Wednesday or later. 
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 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. A weekly summary from 
this data will be posted on the Weekly Cattle Sales Reported 
to DTN page.