DTN Cattle Close/Trends 03/16 15:50
16 Mar 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/16/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 4,759 WEEK TO DATE: 4,759 STEERS LIVE FOB 2,582 105.00-110.00 105.00-110.00 107.12 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,906 105.00-110.00 105.00-110.00 106.43 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 14,826 WEEK TO DATE: 14,826 STEERS DRESSED DELIVERED 4,381 170.00-170.00 170.00-170.00 170.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 2,095 170.00-170.00 170.00-170.00 170.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 2,869 WEEK TO DATE: 2,869 STEERS LIVE FOB 895 105.00-105.00 105.00-105.00 105.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,820 105.00-110.00 105.00-110.00 105.69 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: 4,292 WEEK TO DATE: 4,292 STEERS DRESSED DELIVERED 1,465 170.00-170.00 170.00-170.00 170.00 STEERS DRESSED FOB 573 170.00-170.00 170.00-170.00 170.00 HEIFERS DRESSED DELIVERED 997 170.00-170.00 170.00-170.00 170.00 HEIFERS DRESSED FOB 40 170.00-170.00 170.00-170.00 170.00 COMMENTS: A light trade developed in most areas this morning. Live deals in Kansas ranged from $105 to $110, and had a weighted avg of $107.12, last week's weighted average was $108.70. Trade in Texas was at $105, last week's weighted average there was $109.34, Northern dressed business was at $170, almost $5.00 lower than last week's weighted average ($174.66) basis Nebraska. Note the huge jump in Beef cutouts today. Previously the largest jump in choice cutouts was $7.74 and was on 8/12/2019, the largest previous jump on select cutouts was $5.79 and happened on 1/4/2016. 5-AREA LV STR AVG(FOB)PR&WT: $105.98(1370) HIDE&OFFAL: $8.51 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $164.64 $157.46 103,873 BOX BASED $212.36 $204.71 67,131 AVE INDEX $188.50 +7.61 $181.08 +6.66 171,004 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $224.36 +16.22 $216.71 +14.73 194.75 LDS CH CUTS / 32.94 LDS SEL CUTS / 23.42 LDS TRIM / 46.60 LDS GROUND BOXED BEEF TREND: Shrply hr on gd dem & hvy offers. COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/13 $205.71 -2.41 CUTTER 90% 350# UP C/O: $174.60 -0.05 NAT'L BONELESS BF TRIM: 54.67 lds / Mostly shrply hr on gd dem & hvy offers 90% TRIM: 00 lds: Wtd Avg $No Test/ Sharply lower FI KILL(WTD) MON 116 WK AGO 122 YR AGO 118 MIX: FRI SH77/CB24 SAT SH41/CB6 ****** REVISION *** SAT 47(633) *** REVISION ***** WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 02/29/20 4,222 10,704 Week Ending: 02/22/20 3,811 9,708 Change from prev week: +411 +996