USDA MARKET NEWS--AFTERNOON CATTLE REPORT    06/08/23

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:   3,580  WEEK TO DATE:   4,497
    STEERS LIVE FOB
          747         184.00-188.00       188.00-188.00       185.22
    STEERS LIVE DELIVERED
          796         189.00-191.00       189.00-191.00       189.67
    HEIFERS LIVE FOB
          869         184.00-188.00       184.00-188.00       184.48
    HEIFERS LIVE DELIVERED
          836         191.00-191.00       191.00-191.00       191.00

NEBRASKA  CONFIRMED CASH SALES - TODAY:     875  WEEK TO DATE:  28,677
    STEERS DRESSED DELIVERED
          154         298.00-300.50       298.00-299.00       298.23
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          207         299.00-300.00       299.00-300.00       299.42
    HEIFERS DRESSED FOB
          No reportable trade
 
TEXAS     CONFIRMED CASH SALES - TODAY:   5,692  WEEK TO DATE:   6,416
    STEERS LIVE FOB
          3,407       185.00-185.00       185.00-185.00       185.00
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          1,455       185.00-185.00       185.00-185.00       185.00
    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:   1,413  WEEK TO DATE:  31,928
    STEERS DRESSED DELIVERED
          118         300.00-300.00       300.00-300.00       300.00
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS: Feedlots in the South remained strong but we did see some 
light movement of cattle for $185. Asking prices in the South remain firm at 
$186 to $190. More business will need to develop on Friday unless packers are 
going to go into next week short bought.

5-AREA LV STR AVG(FOB)PR&WT: $190.08(1431) HIDE&OFFAL: $12.76 +0.03
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $281.83                $262.99          119,680
    DEMAND (Box)       $316.73                $292.10           42,854
    INDEX VALUE        $299.28  +2.96         $277.55  +2.47   162,534
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $328.73  +3.54         $304.10  +2.54
   52.80 LDS CH CUTS / 24.44 LDS SEL CUTS / 3.90 LDS TRIM / 28.07 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $24.63  TOTAL LOAD COUNT 109
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/02 $299.90 +1.72
 CUTTER 90%  350# UP C/O: $226.69 +0.09
 NAT'L BONELESS BF TRIM: 14.83 lds / Shrply hgr on good dem & lgt offers.
90% TRIM: 07 lds: Wtd Avg: $280.83 / Weak to lower
FI KILL(WTD) THR 125(495) WK AGO 127(382) YR AGO 125(499) MIX: WED SH98/CB26
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  05/20/23   4,328       7,232
  Week Ending:  05/13/23   5,043       8,762
   Change from prev week:   -247        +893