DTN Cattle Close/Trends 02/27 15:35

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/27/24 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: 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: 117 WEEK TO DATE: 117 STEERS DRESSED DELIVERED No reportable trade STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 80 288.00-288.00 288.00-288.00 288.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Just a handful of heifers were reported sold in Iowa today, certainly not enough to establish any kind of a trend for the week. The rest of cattle country remained at a complete standstill. Significant trade volume will likely be delayed until the second half of the week. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $11.66 -0.13 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $278.53 $264.97 58,872 DEMAND (Box) $289.74 $278.40 43,215 INDEX VALUE $284.13 +0.08 $271.69 +1.31 102,087 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $301.74 -0.05 $290.40 +2.41 59.29 LDS CH CUTS / 14.38 LDS SEL CUTS / 13.26 LDS TRIM / 12.92 LDS GROUND DAILY CHOICE/SELECT SPREAD $11.34 TOTAL LOAD COUNT 100 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/23 $296.36 +1.99 CUTTER 90% 350# UP C/O: $242.46 +2.95 NAT'L BONELESS BF TRIM: 38.09 lds / Mostly shrply hr on mod-gd dem&mod offers 90% TRIM: 17 lds: Wtd Avg: $314.19 / Sharply higher FI KILL(WTD) TUE 125(247) WK AGO 125(229) YR AGO 126(250) Previous Day Breakdown: MON SH96/CB26 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