DTN Cattle Close/Trends 03/15 15:35

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/15/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 5,391 WEEK TO DATE: 10,762 STEERS LIVE FOB 2,900 186.00-186.00 186.00-186.00 186.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,806 185.00-186.00 185.00-186.00 185.97 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 16,945 WEEK TO DATE: 23,130 STEERS DRESSED DELIVERED 4,514 296.00-298.00 296.00-298.00 297.91 STEERS DRESSED FOB 1,225 298.00-298.00 298.00-298.00 298.00 HEIFERS DRESSED DELIVERED 2,257 297.00-300.00 297.00-300.00 298.16 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 4,528 WEEK TO DATE: 4,798 STEERS LIVE FOB 2,536 186.00-186.00 186.00-186.00 186.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 1,458 186.00-186.00 186.00-186.00 186.00 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: 7,074 WEEK TO DATE: 24,829 STEERS DRESSED DELIVERED 1,461 297.00-298.00 297.00-298.00 297.97 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 300 298.00-298.00 298.00-298.00 298.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade was reported this week with Northern dressed deals marked at mostly $298, $4 higher than the prior week's weighted average, note that there were some deals marked as high at $301. Southern live deals were at mostly $186, $1 higher than the previous week's weighted averages. 5-AREA LV STR AVG(FOB)PR&WT: $187.89(1528) HIDE&OFFAL: $11.80 -0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $282.60 $269.37 27,462 DEMAND (Box) $299.90 $290.40 35,396 INDEX VALUE $291.25 +0.51 $279.89 +0.31 62,858 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $311.90 +1.12 $302.40 +0.71 69.55 LDS CH CUTS / 10.54 LDS SEL CUTS / 0.00 LDS TRIM / 7.95 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 9.50 TOTAL LOAD COUNT 88 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/08 $303.85 -3.19 CUTTER 90% 350# UP C/O: $255.80 +3.88 NAT'L BONELESS BF TRIM: 3.67 lds / Not fully established 90% TRIM: 06 lds: Wtd Avg: $330.79 / Sharply higher FI KILL(WTD) FRI 113(586) WK AGO 97(581) YR AGO 114(612) SAT 15(601) WK AGO 2(583) YR AGO 16(628) Previous Day Breakdown: THU SH97/CB25 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