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DTN Cattle Close/Trends 03/11 15:35

11 Mar 2021
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/11/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 14,258 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: 1,652 WEEK TO DATE: 29,246 STEERS DRESSED DELIVERED 368 180.00-180.00 180.00-180.00 180.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 382 180.00-180.00 180.00-180.00 180.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 6,521 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: 0 WEEK TO DATE: 3,959 STEERS LIVE FOB No reportable trade STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 1,439 WEEK TO DATE: 13,854 STEERS DRESSED DELIVERED 590 178.00-179.00 178.00-179.00 178.58 STEERS DRESSED FOB 176 178.00-184.00 178.00-184.00 182.77 HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Just a little light trade reported in Nebraska and Iowa today at generally steady money with the rest of the week's business. Which has Southern live deals ranging from $113 to $114, steady to $1 lower than last week's weighted averages. Northern dressed business ranged from $178 to $180, steady to $2 lower. While we may see a little more cleanup trade tomorrow it is looking like the bulk of trading is done for the week. 5-AREA LV STR AVG(FOB)PR&WT: $113.36(1515) HIDE&OFFAL: $9.91 +0.11 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $167.27 $154.89 79,773 BOX BASED $214.67 $208.07 45,482 AVE INDEX $190.97 -0.55 $181.48 -0.12 125,255 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $226.67 -0.62 $220.07 +0.25 83.14 LDS CH CUTS / 13.52 LDS SEL CUTS / 23.95 LDS TRIM / 12.77 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/05 $234.08 -0.24 CUTTER 90% 350# UP C/O: $188.33 +1.12 NAT'L BONELESS BF TRIM: 59.96 lds / Shrply lr on lt dem & hvy offers 90% TRIM: 09 lds: Wtd Avg $231.41 / Mostly firm to higher FI KILL(WTD) THU 118(481) WK AGO 121(485) YR AGO 119(491) MIX: WED SH93/CB28 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 02/27/21 1,884 10,906 Week Ending: 02/20/21 1,224 10,472 Change from prev week: +660 +434