DTN Cattle Close/Trends 02/23 17:25
23 Feb 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/23/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 265 WEEK TO DATE: 740 STEERS LIVE FOB 135 142.00-142.00 142.00-142.00 142.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 130 142.00-142.00 142.00-142.00 142.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,575 WEEK TO DATE: 4,895 STEERS DRESSED DELIVERED 316 227.00-227.00 227.00-227.00 227.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 325 227.00-227.00 227.00-227.00 227.00 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 Not reported due to confidentiality STEERS LIVE DELIVERED Not reported due to confidentiality HEIFERS LIVE FOB Not reported due to confidentiality HEIFERS LIVE DELIVERED Not reported due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 1,805 WEEK TO DATE: 2,967 STEERS DRESSED DELIVERED 505 227.00-227.00 227.00-227.00 227 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 325 227.00-227.00 227.00-227.00 227.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: 17:20 update: A light trade has developed in parts of the North with dressed business marked at $227, $1 higher than last week's weighted average basis Nebraska. Live business is marked at $144, roughly $2 higher than last week's weighted average, again basis Nebraska. The majority of these deals are set for delivery the week of March 7th. So far, the South remains rather quiet. 5-AREA LV STR AVG(FOB)PR&WT: $143.56(1496) HIDE&OFFAL: $14.05 -0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $207.20 $198.56 86,575 BOX BASED $248.88 $246.96 52,005 AVE INDEX $228.04 -0.68 $222.76 -2.64 138,580 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $260.88 -0.76 $258.96 -4.68 137.84 LDS CH CUTS / 23.28 LDS SEL CUTS / 12.57 LDS TRIM / 22.59 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 1.92 TOTAL LOAD COUNT 196 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/18 $276.13 -3.68 CUTTER 90% 350# UP C/O: $228.44 -0.96 NAT'L BONELESS BF TRIM: 40.99 lds / Shrply lr on lt dem & mod offers 90% TRIM: 09 lds: Wtd Avg $284.63 / Slightly lower FI KILL(WTD) WED 123(354) WK AGO 122(366) YR AGO 122(363) MIX: TUE SH95/CB28 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 02/12/22 7,371 10,943 Week Ending: 02/05/22 8,689 9,041 Change from prev week: -1,318 +1,902