USDA MARKET NEWS--AFTERNOON CATTLE REPORT    03/03/21

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:  12,047  WEEK TO DATE:  13,518
    STEERS LIVE FOB
    7,695             114.00-114.00       114.00-114.00      114.00    
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
    3,280             114.00-114.00       114.00-114.00      114.00
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:  10,049  WEEK TO DATE:  10,141
    STEERS DRESSED DELIVERED
    4,406             179.00-180.50       179.00-180.50      179.99
    STEERS DRESSED FOB
      117             180.00-180.00       180.00-180.00      180.00
    HEIFERS DRESSED DELIVERED
    1,162             180.00-180.00       180.00-180.00      180.00
    HEIFERS DRESSED FOB
          No reportable trade
 
TEXAS     CONFIRMED CASH SALES - TODAY:   8,687  WEEK TO DATE:   8,687
    STEERS LIVE FOB
    5,074             114.00-114.25       114.00-114.00      114.01
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
    1,868             114.00-114.00       114.00-114.00      114.00  
    HEIFERS LIVE DELIVERED
       41             114.00-114.00       114.00-114.00      114.00

COLORADO  CONFIRMED CASH SALES - TODAY:   2,527 WEEK TO DATE:   2,527
    STEERS LIVE FOB
    1,046             114.00-114.00       114.00-114.00      114.00
    STEERS LIVE DELIVERED
       15             114.00-114.00       114.00-114.00      114.00
    HEIFERS LIVE FOB
    1,466             114.00-114.00       114.00-114.00      114.00
    HEIFERS LIVE DELIVERED
          No reportable trade

IOWA      CONFIRMED CASH SALES - TODAY:   3,923  WEEK TO DATE:   5,499
    STEERS DRESSED DELIVERED
    2,023             179.00-180.00       179.00-180.00      179.98
    STEERS DRESSED FOB
      176             178.00-178.00       178.00-178.00      178.00
    HEIFERS DRESSED DELIVERED
    1,096             179.00-180.00       179.00-180.00      179.87
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS:There was a healthy movement of cattle in the South for $114 
which is steady with last week's business, and cattle in the North traded for 
$180 which is $2.00 cheaper than a week ago. More trade should develop 
throughout the later part of the week, but Wednesday's movement was 
significant. One of the most frustrating reasons why it's disappointing to 
see cattle trade this early in the week is because of how aggressive slaughter 
speeds are. In no time at all packers are going to need cattle to replenish 
the supplies that they have vigorously worked through in the last two weeks. 
This week's kill is again projected to be a big, pushing close to 660,000 head. 
Seeing that a big movement of cattle have already traded in both the North 
and the South means that trade will mostly continue in these price ranges 
throughout the week.  

5-AREA LV STR AVG(FOB)PR&WT:$113.89(1543) HIDE&OFFAL: $9.78 Unchg
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF HD
   LIVE BASED         $169.71             $157.15            64,808
   BOX BASED          $221.03             $212.24            35,060
   AVE INDEX          $195.37  -0.81      $184.70  -0.95    100,230
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                      $233.03  -1.65      $224.24  -1.93
   68.24 LDS CH CUTS / 18.44 LDS SEL CUTS / 19.87 LDS TRIM / 13.58 LDS GROUND
BOXED BEEF TREND: Not available due to changes on USDA reports
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/26 $234.32 +2.28
 CUTTER 90%  350# UP C/O: $187.87 -0.60 
NAT'L BONELESS BF TRIM:  13.44 lds / Unevenly lower on greater offers & dem
 90% TRIM: 13 lds: Wtd Avg $232.72 / Generally higher
FI KILL(WTD) WED 121(364) WK AGO 121(362) YR AGO 122(369) MIX: TUE SH96/CB27 
                       WEEKLY CANADIAN CATTLE IMPORTS.
                           FEEDERS  SLAUGHTER S&H
   Week Ending:  02/20/21   1,224       10,472   
   Week Ending:  02/13/21     947       10,566
   Change from prev week:    +277          -94