DTN Cattle Close/Trends 03/21 14:50

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/21/24 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 11,195 WEEK TO DATE: 12,620 STEERS LIVE FOB 5,279 187.00-190.00 187.00-190.00 187.92 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 3,664 187.00-188.50 187.00-188.50 187.96 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 16,869 WEEK TO DATE: 17,216 STEERS DRESSED DELIVERED 4,783 300.00-306.00 300.00-306.00 302.11 STEERS DRESSED FOB 877 302.00-305.00 302.00-305.00 303.40 HEIFERS DRESSED DELIVERED 1,916 301.00-305.00 301.00-305.00 302.09 HEIFERS DRESSED FOB No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 7,830 WEEK TO DATE: 7,968 STEERS LIVE FOB 5,219 187.00-188.25 187.00-188.25 187.96 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 2,057 188.00-188.25 188.00-188.25 188.02 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: 15,697 WEEK TO DATE: 17,957 STEERS DRESSED DELIVERED 2,632 300.00-310.00 300.00-310.00 302.66 STEERS DRESSED FOB 35 298.00-298.00 298.00-298.00 298.00 HEIFERS DRESSED DELIVERED 1,030 300.00-310.00 300.00-310.00 302.39 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade developed today with Southern live deals at mostly $188, $2 higher than last week's weighted averages. Northern dressed deals were marked at mostly $302, $4 higher than the prior week's weighted averages. Note some heifers in Iowa sold as high as $304, with a delivery date of the week of April 15th. 5-AREA LV STR AVG(FOB)PR&WT: $188.52(1482) HIDE&OFFAL: $11.82 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $282.95 $270.30 71,336 DEMAND (Box) $301.73 $291.73 44,492 INDEX VALUE $292.34 +0.19 $281.02 +0.55 115,828 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $313.73 +0.29 $303.73 +1.02 72.46 LDS CH CUTS / 17.09 LDS SEL CUTS / 12.06 LDS TRIM / 16.35 LDS GROUND DAILY CHOICE/SELECT SPREAD $10.00 TOTAL LOAD COUNT 118 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/15 $308.78 +4.93 CUTTER 90% 350# UP C/O: $259.86 -0.84 NAT'L BONELESS BF TRIM: 25.95 lds / Modly/shrpl hr on gd dem & mod offers 90% TRIM: 00 lds: Wtd Avg: $No Test/ Not fully established FI KILL(WTD) THU 117(475) WK AGO 122(473) YR AGO 126(504) Previous Day Breakdown: WED SH91/CB25 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 03/09/24 2,660 13,465 Week Ending: 03/02/24 2,676 13,656 Change from prev week: -16 -191