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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
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