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DTN Cattle Close/Trends 02/21 15:35

21 Feb 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/21/24 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: 118 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED No reportable dressed 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: 60 WEEK TO DATE: 120 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 60 288.00-288.00 288.00-288.00 288.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Another very quiet day in the country with the cash trade at a virtual standstill. Significant trade volume will be delayed until Thursday or Friday. Asking prices are around $184 to $185 in the South, and $292-plus in the North. Bids remain very hard to find. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $11.50 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $275.85 $263.54 73,550 DEMAND (Box) $285.80 $272.46 42,150 INDEX VALUE $280.82 +0.21 $268.00 -1.68 115,700 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $297.80 +0.43 $284.46 -3.36 54.45 LDS CH CUTS / 19.70 LDS SEL CUTS / 12.17 LDS TRIM / 18.74 LDS GROUND DAILY CHOICE/SELECT SPREAD $13.34 TOTAL LOAD COUNT 105 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/16 $294.37 -2.22 CUTTER 90% 350# UP C/O: $238.80 +2.48 NAT'L BONELESS BF TRIM: 23.15 lds / Shrply lr on lt dem & mod offers 90% TRIM: 09 lds: Wtd Avg: $309.48 / Sharply higher FI KILL(WTD) WED 120(349) WK AGO 123(363) YR AGO 125(353) Previous Day Breakdown: TUE SH98/CB27 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 02/10/24 2,339 11,503 Week Ending: 02/03/24 2,453 11,783 Change from prev week: -114 -280