DTN Cattle Close/Trends 03/12 15:45

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/12/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 1,016 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: 120 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: 56 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: 38 WEEK TO DATE: 104 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: Another fairly quiet day in the country with the cash trade at a near standstill. Asking prices were around $187 in the South, and $300 in the North. If these asking prices are met, we could set some new record high weekly weighted averages. (Prior weekly weighted average records: Nebraska dressed cattle $299.51 set the week of 6/9/23; Texas live $184.95 set the week Of 11/03/2023; Kansas live $185.52 set the week of 6/9/23). Significant trade volume will be delayed until Thursday or Friday. 5-AREA LV STR AVG(FOB)PR&WT: $184.79(1433) HIDE&OFFAL: $11.81 +0.08 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $281.32 $268.09 60,873 DEMAND (Box) $297.82 $289.04 32,662 INDEX VALUE $289.57 -0.40 $278.57 +0.70 93,535 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $309.82 -0.77 $301.04 +1.44 72.01 LDS CH CUTS / 14.36 LDS SEL CUTS / 5.29 LDS TRIM / 13.42 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 8.78 TOTAL LOAD COUNT 105 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/08 $303.85 -3.19 CUTTER 90% 350# UP C/O: $249.43 +1.29 NAT'L BONELESS BF TRIM: 19.36 lds / Unevenly stdy on lt dem & offers 90% TRIM: 12 lds: Wtd Avg: $321.69 / Unevenly steady FI KILL(WTD) WED 118(351) WK AGO 124(362) YR AGO 126(374) Previous Day Breakdown: TUE SH98/CB24 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 03/02/24 2,676 13,656 Week Ending: 02/24/24 2,680 11,394 Change from prev week: -358 -1,880