DTN Cattle Close/Trends 03/28 15:30

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/28/23 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: 0 WEEK TO DATE: 140 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB No reportable trade COMMENTS: The cash cattle market didn't see much attention throughout Tuesday trade but asking prices in the South are noted at $165 to $166 and remain unestablished in the North. As feedlots set out to gain $1.00 or $2.00 this week, no sizeable cash cattle sales will likely develop ahead of Thursday. Boxed beef prices closed higher: choice up $0.27 ($280.63) and select up $0.64 ($270.36) with a movement of 103.17 loads (59.25 loads of choice, 23.01 loads of select, 9.90 loads of trim and 11.01 loads of ground beef). 5-AREA LV STR AVG(FOB)PR&WT: $166.47(1275) HIDE&OFFAL: $12.76 -0.07 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $247.99 $233.63 69,109 hd DEMAND (Box) $268.63 $258.36 41,074 hd INDEX VALUE $258.31 +0.21 %245.00 +0.50 110,183 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $280.63 +0.27 $270.36 +0.64 59.25 LDS CH CUTS / 23.01 LDS SEL CUTS / 9.90 LDS TRIM / 11.01 LDS GROUND DAILY CHOICE/SELECT SPREAD $10.27 TOTAL LOAD COUNT 103 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/24 $282.67 -2.32 CUTTER 90% 350# UP C/O: $216.52 +2.15 NAT'L BONELESS BF TRIM: 22.40 lds / Steady-shrply hr; lite test 90% TRIM: 0 lds: Wtd Avg: $NA / No trade FI KILL(WTD) TUE 127 (252) WK AGO 127 (252) YR AGO 125 (245) MIX: MON SH99/CB26 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 03/11/23 2,147 10,067 Week Ending: 03/04/23 1,817 11,870 Change from prev week: +300 -1,803