DTN Cattle Close/Trends 02/23 15:50

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/23/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 9,022 WEEK TO DATE: 9,022 STEERS LIVE FOB 5,4671 182.00-183.00 182.00-183.00 182.51 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,705 182.00-183.00 182.00-183.00 182.49 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 11,175 WEEK TO DATE: 11,495 STEERS DRESSED DELIVERED 3,589 292.00-292.00 292.00-292.00 292.00 STEERS DRESSED FOB 68 293.00-293.00 293.00-293.00 293.00 HEIFERS DRESSED DELIVERED 1,454 292.00-292.00 292.00-292.00 292.00 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 3,848 WEEK TO DATE: 4,150 STEERS LIVE FOB 1,953 181.00-183.00 181.00-183.00 182.79 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,182 183.00-183.00 183.00-183.00 183.00 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: 5,460 WEEK TO DATE: 6,521 STEERS DRESSED DELIVERED 1,098 290.00-292.00 290.00-292.00 291.00 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 190 290.00-292.00 290.00-292.00 291.58 HEIFERS DRESSED FOB No reportable trade COMMENTS: Trade developed just before the noon hour today with Southern live cattle trade at mostly $183, $3 higher than last week's weighted averages, while Northern dressed business was at mostly $292, $4 higher than the prior week's weighted average basis Nebraska. 5-AREA LV STR AVG(FOB)PR&WT: $180.72(1491) HIDE&OFFAL: $11.66 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $277.43 $265.12 15,388 DEMAND (Box) $288.61 $274.31 45,692 INDEX VALUE $283.02 +1.22 $269.71 +1.05 61,080 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $300.61 +0.82 $286.31 +0.50 67.94 LDS CH CUTS / 13.49 LDS SEL CUTS / 29.52 LDS TRIM / 34.70 LDS GROUND DAILY CHOICE/SELECT SPREAD $14.30 TOTAL LOAD COUNT 146 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/16 $294.37 -2.22 CUTTER 90% 350# UP C/O: $242.04 +3.58 NAT'L BONELESS BF TRIM: 60.56 lds / Unevenly stdy on lt-mod dem & hvy offers 90% TRIM: 14 lds: Wtd Avg: $313.82 / Sharply higher FI KILL(WTD) FRI 119(591) WK AGO 120(606) YR AGO 121(594) SAT 2(593) WK AGO 2(608) YR AGO 20(614) Previous Day Breakdown: WED SH93/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