DTN Cattle Close/Trends 02/16 17:30
16 Feb 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/16/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 112 WEEK TO DATE: 112 STEERS LIVE FOB 56 161.00-161.00 161.00-161.00 161.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 3,232 WEEK TO DATE: 7,088 STEERS DRESSED DELIVERED 40 256.00-256.00 256.00-256.00 256.00 STEERS DRESSED FOB 348 252.00-258.00 252.00-258.00 255.52 HEIFERS DRESSED DELIVERED 146 256.00-256.00 256.00-256.00 256.00 HEIFERS DRESSED FOB 78 256.00-256.00 256.00-256.00 256.00 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 35 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 NA Due to Confidentiality STEERS LIVE DELIVERED NA Due to Confidentiality HEIFERS LIVE FOB NA Due to Confidentiality HEIFERS LIVE DELIVERED NA Due to Confidentiality IOWA CONFIRMED CASH SALES - TODAY: 652 WEEK TO DATE: 8,690 STEERS DRESSED DELIVERED 143 256.00-256.00 256.00-256.00 256.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 233 254.00-256.00 254.00-256.00 255.65 HEIFERS DRESSED FOB No reportable trade COMMENTS: 17:30 - UPDATE - A late light to moderate has developed in Nebraska at $257, $3 higher than last week's weighted average. It looks as if the majority of these deals are set for delivery the week of February 27th. Mandatory reported a light trade in several areas today with a handful of live deals in Kansas marked at $161, $1 higher than last week's weighted average. Northern dressed trade was marked at $252 to $258, mostly $256, $2 higher than last week's weighted averages (there was also some live trade reported in Nebraska and Iowa at $159 to $162). Keep in mind that most of these trade volume totals are very light, and possibly not what the trend of the week will be. Packer inquiry will have to improve at some point tomorrow. 5-AREA LV STR AVG(FOB)PR&WT: $160.88(1554) HIDE&OFFAL: $13.16 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $239.47 $222.45 99,542 DEMAND (Box) $267.55 $250.64 40,998 INDEX VALUE $253.51 +1.18 $236.55 -0.04 140,540 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $279.55 +3.88 $262.64 +1.45 73.92 LDS CH CUTS / 9.60 LDS SEL CUTS / 5.24 LDS TRIM / 17.43 LDS GROUND DAILY CHOICE/SELECT SPREAD $16.91 TOTAL LOAD COUNT 106 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/10 $267.65 +0.18 CUTTER 90% 350# UP C/O: $204.01 -0.04 NAT'L BONELESS BF TRIM: 26.81 lds / Unevenly steady on light dem & offers 90% TRIM: 11 lds: Wtd Avg: $257.32 / Slightly lower FI KILL(WTD) THU 123(499) WK AGO 124(494) YR AGO 123(495) MIX: WED SH96/CB29 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 02/04/23 1,869 9,562 Week Ending: 01/28/22 3,619 8,888 Change from prev week: -1,750 +674