USDA MARKET NEWS--AFTERNOON CATTLE REPORT    05/20/22

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:      0   WEEK TO DATE:  14,289
    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:      0   WEEK TO DATE:  22,935
    STEERS DRESSED DELIVERED
          No reportable trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade
 
TEXAS     CONFIRMED CASH SALES - TODAY:      0   WEEK TO DATE:   7,508
    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:      0   WEEK TO DATE:     955
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade

IOWA      CONFIRMED CASH SALES - TODAY:    347   WEEK TO DATE:  29,268
    STEERS DRESSED DELIVERED
          No reportable dressed trade
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS: Some light scattered trade was reported in Iowa today. 
This week Southern live trade has had a range of $136 to $138, mostly $138, 
$2 lower than last week's weighted averages. Northern dressed deals have had 
a range of $223 to $228, mostly $226, $3 lower than last week's weighted 
average basis Nebraska. 

The May 1 on feed report listed 12.0 million head, up 2% from May 2021, the 
highest May 1 inventory since the series began in 1996. Placements in April 
totaled 1.81 million head, 1% below last year; marketing's in April totaled 
1.89 million head, 2% less than the prior year; other disappearance in April 
totaled 54,000 head, 2% under the same time last year.

5-AREA LV STR AVG(FOB)PR&WT: $141.25(1438) HIDE&OFFAL: $13.46 +0.11
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF HD
   LIVE BASED         $208.49             $194.54            72,374
   BOX BASED          $250.17             $231.02            39,357
   AVE INDEX          $229.33  Unchg      $212.78  -1.75    111,731
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                      $262.17  +0.47      $243.02  -3.04
   41.68 LDS CH CUTS / 15.65 LDS SEL CUTS / 17.56 LDS TRIM / 14.75 LDS GROUND
DAILY CHOICE/SELECT SPREAD $19.15  TOTAL LOAD COUNT  90
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/06 $261.25 -4.86
 CUTTER 90%  350# UP C/O: $219.40 +0.44
 NAT'L BONELESS BF TRIM: 48.63 lds / Shrply lr on lt dem & hvy offers
90% TRIM: 04 lds: Wtd Avg: $274.53 / Firm
FI KILL(WTD) FRI 123(622) WK AGO 120(615) YR AGO 119(593) MIX: THU SH96/CB29
             SAT  58(680) WK AGO  42(657) YR AGO  80(672)
WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  05/07/22   5,033       9,060
  Week Ending:  04/23/22   5,128       9,650
   Change from prev week:   +792        -242