DTN Cattle Close/Trends 03/11 15:45
11 Mar 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/11/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 15,119 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: 0 WEEK TO DATE: 29,691 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 6,624 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: 3,063 WEEK TO DATE: 15,368 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 to moderate trade took place this week with dressed deals in the Northern at mostly $220, $4 lower than last week's weighted average basis Nebraska. Southern live business was marked at $138, $2 lower than the prior week's weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $139.88(1505) HIDE&OFFAL: $13.56 -0.21 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $202.20 $193.81 75,631 BOX BASED $242.71 $237.11 50,069 AVE INDEX $222.46 +0.18 $215.46 +0.66 125,700 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $254.71 +0.77 $249.11 +1.74 58.58 LDS CH CUTS / 10.44 LDS SEL CUTS / 6.36 LDS TRIM / 22.09 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 5.60 TOTAL LOAD COUNT 97 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/04 $262.65 -5.29 CUTTER 90% 350# UP C/O: $229.07 +1.65 NAT'L BONELESS BF TRIM: 35.00 lds / Shrply hr on gd dem & lt-mod offers 90% TRIM: 06 lds: Wtd Avg $285.53 / Mostly moderately higher FI KILL(WTD) FRI 111(610) WK AGO 123(616) YR AGO 114(596) MIX: THU SH96/CB28 SAT 34(644) WK AGO 38(654) YR AGO 52(649) WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 02/26/22 7,842 8,310 Week Ending: 02/19/22 10,157 11,197 Change from prev week: -2,315 -2,887