DTN Cattle Close/Trends 03/25 15:35

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/25/24 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: 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 COMMENTS: A typically quiet Monday with the cash cattle trade at a virtual standstill. Bids and asking prices have yet to be established, significant trade volume will likely be delayed until Wednesday or later. Weekly weighted average prices broke record highs last week (the previous weekly weighted average record high is noted in parentheses). TX $187.96 ($185.94); KS $187.75($185.79); NE $302.26 ($299.51); IA $301.95($298.65). The new 5-Area weekly average steer price record is $189.56($188.75). 5-AREA LV STR AVG(FOB)PR&WT: $190.10(1578) HIDE&OFFAL: $11.83 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD SUPPLY (Live) $287.87 $275.39 82,158 DEMAND (Box) $298.89 $289.96 43,829 INDEX VALUE $293.38 +0.94 $282.68 +1.19 125,987 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $310.89 +0.17 $301.96 +0.49 58.37 LDS CH CUTS / 17.48 LDS SEL CUTS / 5.71 LDS TRIM / 26.26 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 8.93 TOTAL LOAD COUNT 108 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/22 $315.72 +6.94 CUTTER 90% 350# UP C/O: $260.10 +3.00 NAT'L BONELESS BF TRIM: 28.06 lds / Shrply hr on gd dem & lt offers 90% TRIM: 08 lds: Wtd Avg: $336.65 / Sharply higher FI KILL(WTD) MON 118(118) WK AGO 120(120) YR AGO 124(124) Previous Day Breakdown: FRI SH85/CB24 SAT SH12/CB2 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