DTN Cattle Close/Trends 03/06 16:07
6 Mar 2024
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/06/24 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: 319 WEEK TO DATE: 319 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: 115 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: 370 WEEK TO DATE: 618 STEERS DRESSED DELIVERED No reportable dressed 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 interest through Wednesday's market as packers and feedlots have yet to come to an agreement on price. Asking prices in the South remain firm at $186 to $187, and the North has yet to share their asking prices. Packer interest should improve on Thursday. 5-AREA LV STR AVG(FOB)PR&WT: $183.00(1548) HIDE&OFFAL: $11.40 -0.22 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $278.41 $264.86 58,934 DEMAND (Box) $292.91 $283.09 41,558 INDEX VALUE $285.66 +0.07 $273.97 +0.12 100,492 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $304.91 +0.12 $295.09 +0.22 63.82 LDS CH CUTS / 18.35 LDS SEL CUTS / 6.91 LDS TRIM / 18.42 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 9.82 TOTAL LOAD COUNT 108 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/01 $296.36 +1.99 CUTTER 90% 350# UP C/O: $245.17 +2.10 NAT'L BONELESS BF TRIM: 20.00 lds / Firm on moder dem & lgt offers 90% TRIM: 09 lds: Wtd Avg: $317.53 / Sharply higher FI KILL(WTD) WED 124(362) WK AGO 125(372) YR AGO 125(375) Previous Day Breakdown: TUE SH96/CB26 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 02/24/24 2,680 11,394 Week Ending: 02/17/24 3,038 13,274 Change from prev week: -358 -1,880