DTN Cattle Close/Trends 03/08 15:40

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/08/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 7,937 WEEK TO DATE: 7,937 STEERS LIVE FOB 5,553 138.00-138.00 138.00-138.00 138.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,367 138.00-138.00 138.00-138.00 138.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,918 WEEK TO DATE: 7,038 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: 4,551 WEEK TO DATE: 4,551 STEERS LIVE FOB 2,240 137.00-138.00 137.00-138.00 137.89 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,032 137.00-138.00 137.00-138.00 137.85 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: 269 WEEK TO DATE: 1,442 STEERS DRESSED DELIVERED No reportable dressed trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: A light live trade was reported in all three major feeding states today at $138, $2 lower than the prior week's weighted averages. Dressed trade was very scarce, but will likely develop at some point Wednesday or later. 5-AREA LV STR AVG(FOB)PR&WT: $138.00(1518) HIDE&OFFAL: $13.85 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $205.79 $197.39 67,028 BOX BASED $240.44 $232.94 52,895 AVE INDEX $223.11 -1.30 $215.17 -2.80 119,923 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $252.44 -2.27 $244.94 -5.28 89.39 LDS CH CUTS / 38.48 LDS SEL CUTS / 25.91 LDS TRIM / 39.83 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 7.50 TOTAL LOAD COUNT 194 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/04 $262.65 -5.29 CUTTER 90% 350# UP C/O: $231.37 +2.25 NAT'L BONELESS BF TRIM: 66.57 lds / Weak on lt-mod dem & hvy offers 90% TRIM: 05 lds: Wtd Avg $288.71 / Sharply higher FI KILL(WTD) TUE 125(250) WK AGO 124(246) YR AGO 121(241) MIX: MON SH97/CB28 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 02/19/22 10,157 11,197 Week Ending: 02/12/22 7,371 10,943 Change from prev week: +2,786 +254