DTN Cattle Close/Trends 03/05 16:12





           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    03/05/21

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:  14,859
    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:   3,303  WEEK TO DATE:  18,294
    STEERS DRESSED DELIVERED
      338             180.00-180.00       180.00-180.00      180.00
    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:   8,725
    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:  1,948  WEEK TO DATE:   4,737
    STEERS LIVE FOB
    1,948             113.00-114.00       113.00-114.00     113.59
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade

IOWA      CONFIRMED CASH SALES - TODAY:   4,287  WEEK TO DATE: 19,059
    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: The biggest disappointment this week was by far in the week's 
cash cattle market - in both its time and price. Packers love to say that they 
don't need cattle but then why were they bidding as early as Wednesday? If they 
were able to bid $114 on Wednesday, think about what their bids could have been 
Friday morning if the market wouldn't have traded! Cattle that traded this week 
in the Southern plains sold mostly for $114 though some sold for $113, and 
Northern dressed cattle sold for $180. 

5-AREA LV STR AVG(FOB)PR&WT:$113.23(1522) HIDE&OFFAL: $9.80 Unchgd
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF HD
   LIVE BASED         $168.37             $155.81            82,412
   BOX BASED          $219.33             $208.85            41,716
   AVE INDEX          $193.85  -1.68      $182.33  -0.83    124,128
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                      $231.33  -2.55      $220.85  -0.83
   67.34 LDS CH CUTS / 18.21 LDS SEL CUTS / 15.84 LDS TRIM / 11.05 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: $187.98 +0.18 
NAT'L BONELESS BF TRIM:  55.80 lds / Generally higher
 90% TRIM: 08 lds: Wtd Avg $232.99 / Generally steady
FI KILL(WTD) FRI 109(594) WK AGO 119(602) YR AGO 119(612) MIX: THR SH94/CB27
     SAT 71(665) WK AGO 64(666) YR AGO 37(649) 
                       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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