DTN Cattle Close/Trends 02/24 15:40
24 Feb 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/24/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 4,403 WEEK TO DATE: 6,052 STEERS LIVE FOB 2,983 141.00-142.00 141.00-142.00 141.80 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,131 141.00-142.00 141.00-142.00 141.63 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 3,423 WEEK TO DATE: 16,500 STEERS DRESSED DELIVERED 1,319 226.00-227.50 226.00-227.50 226.66 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 226 227.00-227.00 227.00-227.00 227.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 1,887 WEEK TO DATE: 2,582 STEERS LIVE FOB 1,278 138.00-142.00 138.00-142.00 141.62 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 278 142.00-142.00 142.00-142.00 142.00 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: 8,580 WEEK TO DATE: 20,939 STEERS DRESSED DELIVERED 897 226.00-229.00 226.00-229.00 227.72 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade was reported in the South today at $138 to $143, mostly $142, fully steady with last week's weighted averages. So far this week, Northern trade has been at $225 to $229, mostly $227, about $1 higher than last week's weighted average basis Nebraska. Trade volume totals still look a little light so more trade will likely take place tomorrow. 5-AREA LV STR AVG(FOB)PR&WT: $144.03(1535) HIDE&OFFAL: $13.98 -0.07 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $208.31 $199.67 48,385 BOX BASED $247.24 $242.55 52,673 AVE INDEX $227.78 -0.62 $221.11 -2.01 101,058 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $259.24 -1.64 $254.55 -4.41 106.51 LDS CH CUTS / 21.31 LDS SEL CUTS / 9.75 LDS TRIM / 32.41 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 4.69 TOTAL LOAD COUNT 170 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/18 $276.13 -3.68 CUTTER 90% 350# UP C/O: $228.85 +0.41 NAT'L BONELESS BF TRIM: 55.20 lds / Shrply hr on mod-gd dem & mod offers 90% TRIM: 26 lds: Wtd Avg $283.56 / Moderately lower FI KILL(WTD) THU 124(478) WK AGO 122(488) YR AGO 121(484) MIX: WED SH94/CB29 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