DTN Cattle Close/Trends 02/28 15:35
28 Feb 2023
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/28/23 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 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: 0 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: 0 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: 1,042 WEEK TO DATE: 2,026 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 COMMENTS: A rather quiet day, with just over 1,000 head of live trade reported in parts of Iowa at $165, $1 higher than last week's weighted average. If the last several weeks are any indication this will not likely be an accurate trend for the week. Significant trade volume will likely be delayed until Thursday or Friday. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $13.12 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $246.81 $230.78 71,013 DEMAND (Box) $276.95 $267.25 34,823 INDEX VALUE $261.88 +0.31 $249.02 +0.01 105,836 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $288.95 +0.61 $279.25 Unchg 54.77 LDS CH CUTS / 12.91 LDS SEL CUTS / 17.97 LDS TRIM / 11.83 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 9.70 TOTAL LOAD COUNT 97 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/24 $281.86 +9.14 CUTTER 90% 350# UP C/O: $207.72 +1.77 NAT'L BONELESS BF TRIM: 31.93 lds / Firm on mod dem & offers 90% TRIM: 04 lds: Wtd Avg: $263.79 / Sharply higher FI KILL(WTD) TUE 126(250) WK AGO 127(231) YR AGO 127(252) MIX: MON SH98/CB26 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