DTN Cattle Close/Trends 03/06 15:45
6 Mar 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/06/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,662 WEEK TO DATE: 23,572 STEERS LIVE FOB 426 111.00-111.00 111.00-111.00 111.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,157 110.00-112.00 110.00-112.00 111.04 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,875 WEEK TO DATE: 27,803 STEERS DRESSED DELIVERED 1,137 180.00-182.00 180.00-182.00 180.41 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 224 180.00-180.00 180.00-180.00 180.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 6,645 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: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Trade not available due to confidentiality STEERS LIVE DELIVERED Trade not available due to confidentiality HEIFERS LIVE FOB Trade not available due to confidentiality HEIFERS LIVE DELIVERED Trade not available due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 6,922 WEEK TO DATE: 32,820 STEERS DRESSED DELIVERED 2,048 179.00-182.00 179.00-182.00 180.40 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 433 180.00-181.00 180.00-181.00 180.10 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light to moderate trade took place this week. It started on Wednesday in the South, and Thursday the North joined in, mostly cleanup on Friday. Southern live deals had a full range of $110 to $113, mostly $113, $2 lower than the previous week, while Northern dressed business ranged from $179 to $182, mostly $181 to $182, $4 to $5 lower than last week's weighted average basis Nebraska. Private sources reported a light trade in Colorado at $113, $2 lower than last week. 5-AREA LV STR AVG(FOB)PR&WT: $113.35(1490) HIDE&OFFAL: $8.63 +0.19 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $171.27 $164.99 82,813 BOX BASED $195.47 $190.57 45,602 AVE INDEX $183.37 -0.08 $177.78 +0.56 128,415 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $207.47 +0.22 $202.57 +1.51 55.80 LDS CH CUTS / 8.82 LDS SEL CUTS / 17.57 LDS TRIM / 20.64 LDS GROUND BOXED BEEF TREND: Stdy on Ch and Hr on Sel on mod-frly gd dem & lt-mod off COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/28 $208.32 -2.54 CUTTER 90% 350# UP C/O: $174.49 +0.17 NAT'L BONELESS BF TRIM: 45.93 lds / Lr on mod dem & mod-hvy offers 90% TRIM: 15 lds: Wtd Avg $224.03 / Firm FI KILL(WTD) FRI 119(609) WK AGO 115(602) YR AGO 115(584) MIX: THU SH97/CB26 SAT 38(647) WK AGO 25(627) YR AGO 23(607) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 02/22/20 3,811 9,708 Week Ending: 02/15/20 2,476 11,701 Change from prev week: +1,335 -1,993