DTN Cattle Close/Trends 02/25 15:30

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/25/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,617 WEEK TO DATE: 11,331 STEERS LIVE FOB 1,995 142.00-142.00 142.00-142.00 142.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 501 141.00-142.00 141.00-142.00 141.91 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 847 WEEK TO DATE: 17,904 STEERS DRESSED DELIVERED 257 229.00-229.00 229.00-229.00 229.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 1,406 WEEK TO DATE: 3,988 STEERS LIVE FOB 712 142.00-142.00 142.00-142.00 142.00 STEERS LIVE DELIVERED 119 141.00-142.00 141.00-142.00 141.16 HEIFERS LIVE FOB 325 142.00-142.00 142.00-142.00 142.00 HEIFERS LIVE DELIVERED 86 142.00-142.00 142.00-142.00 142.00 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: 277 WEEK TO DATE: 22,627 STEERS DRESSED DELIVERED 175 226.00-226.00 226.00-226.00 226.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed trade HEIFERS DRESSED FOB No reportable trade COMMENTS: Just a little cleanup trade reported today. This week's business has been at $138 to mostly $142 in the South, fully steady with last week's weighted averages. Northern trade has been at $225 to $229, mostly $227, about $1 higher than last week's weighted average basis Nebraska. The majority of dressed deals are set for delivery the week of March 7th. 5-AREA LV STR AVG(FOB)PR&WT: $143.03(1478) HIDE&OFFAL: $14.03 +0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $208.48 $199.84 54,298 BOX BASED $246.27 $243.41 51,422 AVE INDEX $227.37 -0.41 $221.62 +0.51 105,720 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $258.27 -0.97 $255.41 +0.86 57.81 LDS CH CUTS / 14.61 LDS SEL CUTS / 23.11 LDS TRIM / 8.71 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 2.86 TOTAL LOAD COUNT 104 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/18 $276.13 -3.68 CUTTER 90% 350# UP C/O: $228.13 -0.72 NAT'L BONELESS BF TRIM: 52.95 lds / Shrply lr on lt dem & hvy offers 90% TRIM: 12 lds: Wtd Avg $282.48 / Moderately lower FI KILL(WTD) FRI 119(597) WK AGO 121(609) YR AGO 119(603) MIX: THU SH98/CB26 SAT 50(647) WK AGO 51(660) YR AGO 62(665) 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