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DTN Cattle Close/Trends 03/24 15:50

24 Mar 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/24/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 198 WEEK TO DATE: 552 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 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: 716 WEEK TO DATE: 976 STEERS DRESSED DELIVERED 417 188.00-188.00 188.00-188.00 188.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 185 188.00-188.00 188.00-188.00 188.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Cattle country was fairly quiet today with just a few deals reported in parts of the North at $188, $3 higher than yesterday's very light trade, but this is not enough business to establish an accurate trend for the week. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $8.16 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $167.79 $158.37 76,225 BOX BASED $244.31 $233.48 73,433 AVE INDEX $206.05 +0.58 $195.92 +1.25 149,658 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $256.31 -1.01 $245.48 +0.34 56.51 LDS CH CUTS / 27.47 LDS SEL CUTS / 17.44 LDS TRIM / 33.19 LDS GROUND BOXED BEEF TREND: Lr on Ch & frm on Sel on lt-mod dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/20 $229.71 +24.00 CUTTER 90% 350# UP C/O: $183.99 -0.99 NAT'L BONELESS BF TRIM: 43.19 lds / Shrply lr on lt dem & mod-hvy offers 90% TRIM: 12 lds: Wtd Avg $234.83 / Moderately higher FI KILL(WTD) TUE 123(239) WK AGO 121(237) YR AGO 119(238) MIX: MON SH92/CB24 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 03/07/20 2,736 10,336 Week Ending: 02/29/20 4,222 10,704 Change from prev week: -1,486 -368