DTN Cattle Close/Trends 03/07 17:00

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/07/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG ***Note the USDA Revised the Beef Carcass Price Equivalent Index Value, see the Revised numbers below, marked with ^*** KANSAS CONFIRMED CASH SALES - TODAY: 15,305 WEEK T0 DATE: 15,305 STEERS 7,203 127.00-128.00 127.00-128.00 127.98 HEIFERS 4,549 127.00-128.00 127.00-128.00 127.99 NEBRASKA CONFIRMED CASH SALES - TODAY: 8,339 WEEK TO DATE: 10,414 STEERS 363 205.00-205.00 205.00-205.00 205.00 HEIFERS 164 205.00-205.00 205.00-205.00 205.00 TEXAS CONFIRMED CASH SALES - TODAY: 4,566 WEEK TO DATE: 4,566 STEERS 2,542 128.00-128.00 128.00-128.00 128.00 HEIFERS 1,452 127.00-128.00 127.00-128.00 127.94 COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 808 WEEK TO DATE: 3,164 STEERS 80 205.00-205.00 205.00-205.00 205.00 HEIFERS 462 204.00-205.00 204.00-205.00 204.27 COMMENTS: A light to moderate live trade was reported in the South today at $128, fully steady with last week's weighted averages. Some live deals were also reported in parts of Nebraska and Colorado at $128 to $128.50, steady to $.50 higher. Generally light dressed business was reported in Nebraska and Iowa, at $205, fully steady with last week's weighted average, this light dressed test leads us to believe that the North should need to move more cattle. 5-AREA LV STR AVE PR&WT: $No Test HIDE&OFFAL: $8.99 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 194.93 186.04 98,245 BOX BASED 214.04^ 206.54^ 38,085 AVE INDEX 204.48^ +0.56^ 196.29^ +0.09^ 136,330 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 226.04 +1.11 218.54 +0.17 51.46 LDS CH CUTS / 23.45 LDS SEL CUTS / 6.35 LDS TRIM / 24.43 LDS GROUND BOXED BEEF TREND: Hr on Ch & stdy on Sel on mod-frly gd dem & lt offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/01 $218.44 +1.56 CUTTER 90% 350# UP C/O: $166.31 +0.02 NAT'L BONELESS BF TRIM: 65.74 lds / Steady on light demand & offerings 90% TRIM: 17 lds: Wtd Avg $214.41 / Weak FI KILL(WTD) THU 116(466) WK AGO 118(469) YR AGO 120(469) MIX: WED SH88/CB26 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 02/23/19 6,090 10,792 Week Ending: 02/16/18 4,958 10,382 Change from prev week: +1,132 +410