DTN Cattle Close/Trends 03/22 15:35
23 Mar 2022
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/22/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 7,343 WEEK TO DATE: 12,309 STEERS LIVE FOB 3,420 137.00-138.00 137.00-138.00 137.95 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 3,209 138.00-138.00 138.00-138.00 138.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 22,543 WEEK TO DATE: 26,780 STEERS DRESSED DELIVERED 8,579 220.00-223.50 220.00-223.50 220.88 STEERS DRESSED FOB 80 219.00-219.00 219.00-219.00 219.00 HEIFERS DRESSED DELIVERED 2,679 220.00-223.50 220.00-223.50 220.78 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 2,933 WEEK TO DATE: 3,981 STEERS LIVE FOB 1,550 135.00-138.00 135.00-138.00 137.87 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 978 138.00-138.00 138.00-138.00 138.00 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: 5,059 WEEK TO DATE: 5,856 STEERS DRESSED DELIVERED 2,967 220.00-225.00 220.00-225.00 222.14 STEERS DRESSED FOB 245 219.00-219.00 219.00-219.00 219.00 HEIFERS DRESSED DELIVERED 604 221.00-223.00 221.00-223.00 221.27 HEIFERS DRESSED FOB 295 219.00-219.00 219.00-219.00 219.00 COMMENTS: A light to moderate trade took place in the South today with live deals marked at $138, fully steady with last week's weighted averages. Northern dressed trade was a little lighter, and marked at $221 to $223, mostly $221, steady/weak with last week's weighted average basis Nebraska. The high end of this range was to Regionals, and the majority of these dressed deals are set for delivery the week of April 4th. ****THE USDA HAS REVISED SEVERAL AFTERNOON CATTLE REPORTS**** ***THE CHANGES ARE NOTED WITH AN * BESIDE VALUES THAT HAVE BEEN CORRECTED*** 5-AREA LV STR AVG(FOB)PR&WT: $137.99(1439) HIDE&OFFAL: $13.25 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $203.60 $194.63 73,402 BOX BASED $249.60* $241.24* 42,846* AVE INDEX $226.60* +0.72* $217.93* +0.58* 116,248* BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $261.60* +1.63* $253.24* +1.35* 80.36 LDS CH CUTS / 16.13 LDS SEL CUTS / 4.33*LDS TRIM / 12.41 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 8.36* TOTAL LOAD COUNT 113* COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/18 $261.49 +0.33 CUTTER 90% 350# UP C/O: $231.11 +3.15 NAT'L BONELESS BF TRIM: 14.04*lds / Mostly sharply hr on gd dem & lt offers 90% TRIM: 08 lds: Wtd Avg $288.49 / Mostly sharply higher FI KILL(WTD) WED 124(366) WK AGO 125(375) YR AGO 122(356) MIX: TUE SH94/CB29 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 03/12/22 5,753 12,220 Week Ending: 03/05/22 6,918 12,385 Change from prev week: -1,165 -165