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  Robinson Grain Elevator Inc.
 

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

          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:   2,557  WEEK TO DATE:   2,557
    STEERS DRESSED DELIVERED
          1,067       292.00-300.00       292.00-300.00       297.42
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          152         300.00-300.00       300.00-300.00       300.00
    HEIFERS DRESSED FOB
          No reportable trade
 
TEXAS     CONFIRMED CASH SALES - TODAY:     163  WEEK TO DATE:     163
    STEERS LIVE FOB
          163         182.00-182.00       182.00-182.00       182.00
    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:   5,743  WEEK TO DATE:   7,650
    STEERS DRESSED DELIVERED
          384         290.00-300.00       290.00-300.00       296.73
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          44          295.00-295.00       295.00-295.00       295.00
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:  Some light trade took place in the North today with 
Mandatory reporting some deals as high as $300, Northern steers had a range 
of $290 to $300. At this rate we are set to break the weekly weighted 
average record highs that were broken again last week (*record highs set 
last week, TX live $176.70($174.79); KS live $178.24(176.09), NE live 
$186.21($183.37), dressed $290.08(289.83); IA live $186.10($183.37), dressed 
$290.00($289.52) the numbers in parentheses are prior weekly weighted 
average highs set in April of this year. Just a handful of business was 
reported in Texas at $182. Having said all of that, more sales will have to 
take place tomorrow and/or Thursday. Hold on to your hats, it could be 
another wild ride this week!!!

5-AREA LV STR AVG(FOB)PR&WT: $190.00(1393) HIDE&OFFAL: $12.69 Unchg
CARCASS EQV INDEX    CHOICE (600-900#)      SELECT (600-900#)    HEAD
    SUPPLY (Live)      $277.09                $258.25           75,217
    DEMAND (Box)       $309.40                $287.44           41,088
    INDEX VALUE        $293.25  +5.24         $272.85  +2.99   116,305
BEEF CUTOUTS     CHOICE (600-900#)      SELECT (600-900#)
                       $321.40  +7.21         $299.44  +2.71
   74.44 LDS CH CUTS / 23.46 LDS SEL CUTS /  8.47 LDS TRIM / 19.52 LDS GROUND
DAILY CHOICE/SELECT SPREAD  $21.96  TOTAL LOAD COUNT 126
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/02 $299.90 +1.72
 CUTTER 90%  350# UP C/O: $226.67 +0.72
 NAT'L BONELESS BF TRIM: 23.40 lds / Shrply hr on gd dem & lt-mod offers
90% TRIM: 06 lds: Wtd Avg: $282.33 / Unevenly steady
FI KILL(WTD) TUE 125(246) WK AGO 126(128) YR AGO 126(249) MIX: MON SH96/CB25
                 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

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