DTN Cattle Close/Trends 03/18 15:50
18 Mar 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/18/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 7,060 WEEK TO DATE: 26,028 STEERS LIVE FOB 2,498 110.00-113.00 110.00-113.00 112.01 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,740 110.00-113.00 110.00-113.00 112.04 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 10,574 WEEK TO DATE: 46,506 STEERS DRESSED DELIVERED 3,940 175.00-175.00 175.00-175.00 175.00 STEERS DRESSED FOB 280 176.00-176.00 176.00-176.00 176.00 HEIFERS DRESSED DELIVERED 915 175.00-175.00 175.00-175.00 175.00 HEIFERS DRESSED FOB 185 175.00-175.00 175.00-175.00 175.00 TEXAS CONFIRMED CASH SALES - TODAY: 1,420 WEEK TO DATE: 10,579 STEERS LIVE FOB 719 112.00-113.00 112.00-113.00 112.69 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 605 110.00-113.00 110.00-113.00 111.94 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: 10,526 WEEK TO DATE: 22,388 STEERS DRESSED DELIVERED 1,555 170.00-177.00 170.00-177.00 174.61 STEERS DRESSED FOB 238 175.00-175.00 175.00-175.00 175.00 HEIFERS DRESSED DELIVERED 870 170.00-175.00 170.00-175.00 174.77 HEIFERS DRESSED FOB No reportable trade COMMENTS: Another round of light to moderate trade today at generally higher money than Monday's decline. So far the full range of dressed deals in the North are $168 to $177, last week's weighed average in Nebraska was $174.66. Full range of Southern live business is $105 to $113 (last week's weighted averages, Texas $109.34, KS $108.70). As a side note, the last time that Nebraska has sold over 46,000 head was 5/06/2019. 5-AREA LV STR AVG(FOB)PR&WT: $110.24(1428) HIDE&OFFAL: $8.33 -0.18 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $164.14 $156.96 171,278 BOX BASED $235.24 $226.50 82,394 AVE INDEX $199.69 +3.95 $191.73 +4.89 253,672 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $247.24 + 7.31 $238.50 + 9.18 142.72 LDS CH CUTS / 44.15 LDS SEL CUTS / 14.58 LDS TRIM / 26.14 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: $178.69 +3.69 NAT'L BONELESS BF TRIM: 62.01 lds / Unevenly stdy on mod dem & offers 90% TRIM: 22 lds: Wtd Avg $229.69 / Sharply higher FI KILL(WTD) WED 122(359) WK AGO 123(368) YR AGO 121(360) MIX: TUE SH95/CB26 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