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DTN Cattle Close/Trends 02/23 16:10

23 Feb 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/23/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 882 WEEK TO DATE: 882 STEERS LIVE FOB 412 164.00-164.00 164.00-164.00 164.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 259 164.00-164.00 164.00-164.00 164.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,619 WEEK TO DATE: 4,790 STEERS DRESSED DELIVERED 278 260.00-260.00 260.00-260.00 260.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 276 260.00-260.00 260.00-260.00 260.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 945 WEEK TO DATE: 945 STEERS LIVE FOB 328 164.00-164.00 164.00-164.00 164.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 307 164.00-164.00 164.00-164.00 164.00 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: 3,823 WEEK TO DATE: 9,599 STEERS DRESSED DELIVERED 865 258.00-260.00 258.00-260.00 259.22 STEERS DRESSED FOB 176 260.00-260.00 260.00-260.00 260.00 HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: some light scattered trade took place in most areas today with Northern dressed deals ranging from $258 to mostly $260, $1 to $3 higher than last week's weighted averages. Southern lived deals were marked at $164, $2 higher than last week's weighted averages. It looks like a more significant trade volume will be delayed until sometime tomorrow. 5-AREA LV STR AVG(FOB)PR&WT: $161.33(1403) HIDE&OFFAL: $13.12 -0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $242.93 $226.82 62,288 DEMAND (Box) $275.91 $263.87 34,490 INDEX VALUE $259.42 +0.06 $245.35 +1.18 96,778 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $287.91 Unchg $275.87 +2.23 80.21 LDS CH CUTS / 12.75 LDS SEL CUTS / 0.00 LDS TRIM / 13.61 LDS GROUND DAILY CHOICE/SELECT SPREAD $12.04 TOTAL LOAD COUNT 107 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/17 $272.72 +5.07 CUTTER 90% 350# UP C/O: $205.84 +0.27 NAT'L BONELESS BF TRIM: 7.19 lds / Not fully established 90% TRIM: 10 lds: Wtd Avg: $260.05 / Firm to higher FI KILL(WTD) THU 121(478) WK AGO 123(499) YR AGO 123(483) MIX: WED SH98/CB28 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 02/11/23 3,963 9,512 Week Ending: 02/04/23 1,869 9,562 Change from prev week: +3,963 -50