Meanwhile, the drought-stricken Southern Plains saw big improvements, but more are needed-and areas of Extreme (D3) to Exceptional (D4) Drought persist, especially in Kansas. Widespread rain reduced drought in the Florida Peninsula. NATIONAL DROUGHT MONITOR: Huge expansion of Abnormal Dryness (D1)Ībnormal dryness and drought expanded across the Midwest, Northeast, and Mid-Atlantic this week.
Other disappearance totaled 51,000 head during April, 6 percent below 2022. Marketings of fed cattle during April totaled 1.70 million head, 10 percent below 2022. During April, placements of cattle and calves weighing less than 600 pounds were 360,000 head, 600-699 pounds were 245,000 head, 700-799 pounds were 410,000 head, 800-899 pounds were 458,000 head, 900-999 pounds were 205,000 head, and 1,000 pounds and greater were 70,000 head. Placements in feedlots during April totaled 1.75 million head, 4 percent below 2022. The inventory was 3 percent below May 1, 2022. The cattle slaughter for Tuesday was reported at 126,000.ĬATTLE ON FEED: Inventory down 3% Placements down 4%Ĭattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.6 million head on May 1, 2023. The hide and offal value from a typical slaughter steer for today was estimated at $12.73 /CWT Live, 0.02 lower. Tuesday afternoon boxed beef reported Choice 0.56 higher at 337.99 and Select 0.76 lower at 309.48 with a Choice/Select spread 28.51 on 137 loads. In the Western Cornbelt live and dressed purchases traded at 190.00 and from 298.00 - 300.00, respectively. In Nebraska live and dressed purchases traded from 189.00-192.00 and at 300.00, respectively. In Kansas live purchases traded at 186.00. In the Texas Panhandle live purchases traded at 185.00. The latest established market was last week in all regions. In the Western Cornbelt negotiated cash trading has been mostly inactive with very light demand. Per LMR, so far for Tuesday in the Southern Plains and Nebraska negotiated cash trading has been at a standstill. The CME August feeder cattle futures closed on Tuesd ay at $240.45, up $1.40.ĬATTLE TRADE: Cash trading at a standstill The average price paid for the largest steer and heifer strings sold on Tuesday was $222.59. The second largest string was 203 heifers (826#) from Imperial, Nebraska at $212.00. The largest steer and heifer string sold on Tuesday was 204 steers (797#) from Kingsville, Missouri at $241.00. NATIONAL CATTLE TRACKER: Top 10 Sales By String Size Gusty winds in the Northwest and Southwest will produce areas of elevated to critical fire weather threats. Locally heavy rain could cause flooding or flash flooding in the Intermountain West and Brooks Range in Alaska. Very large hail, damaging winds, and locally excessive rain will be the primary threats. Short Range Weather Forecast: Severe Storms and Heavy Rain in the South (TUE)Ī lingering front will continue to focus severe storms from Texas to the Southeast. NATURAL GAS: Henry Hub down 14 cents to $2.10.GRAIN TRENDS (Short Term/Long Term): CORN: Up/Up WHEAT: Up/Down SOYBEANS: Up/Down.CATTLE TRENDS (Short Term/Long Term): LIVE: Up /Up FEEDERS: Up/Up.
BEEF EXPORTS: Sales down 29% this week (12.8K mt).in drought (D0-D4) this week, compared to 50.05% last week and 58.32% last year
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