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           USDA MARKET NEWS--AFTERNOON CATTLE REPORT    03/17/23

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:      76  WEEK TO DATE:   9,285
    STEERS LIVE FOB
          76          164.00-164.00       164.00-164.00       164.00
    STEERS LIVE DELIVERED
          No reportable trade 
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade 

NEBRASKA  CONFIRMED CASH SALES - TODAY:     298  WEEK TO DATE:  21,754
    STEERS DRESSED DELIVERED
          298         264.00-264.00       264.00-264.00       264.00
    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:   4,996
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trae
    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:   1,837  WEEK TO DATE:  20,473
    STEERS DRESSED DELIVERED
          190         264.00-264.00       264.00-264.00       264.00
    STEERS DRESSED FOB
          No reportable trade
    HEIFERS DRESSED DELIVERED
          No reportable trade
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS: The majority of cash cattle trade this week was at mostly 
$164 on a live basis and $264 dressed, both about $1 lower than last week's 
weighted averages.

The March 1 on feed report listed 11.6 million head, down 4% from March 
2022. Placements in February totaled 1.73 million head, 7% below last year; 
marketing's in February totaled 1.74 million head, 5% less than the prior 
year; other disappearance in February totaled 58,000 head, 2% under the same 
time last year. This report will likely be found neutral to somewhat bullish 
by market participants. The market's fundamentals are extremely clear - 
fewer beef cows in the market are contributing fewer calves and feeders to 
be had by both feedlots and packers. It could potentially help Monday's 
market trade slightly higher.

5-AREA LV STR AVG(FOB)PR&WT: $164.37(1480) HIDE&OFFAL: $12.97 Unchg
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)   HEAD
    SUPPLY (Live)     $247.81             $233.53          98,702
    DEMAND (Box)      $271.35             $260.44          37,576
    INDEX VALUE       $259.58  -0.40      $246.99  +0.25  136,278
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                      $283.35  -0.60      $272.44  +0.68
   40.34 LDS CH CUTS / 14.31 LDS SEL CUTS /  5.31 LDS TRIM / 18.71 LDS GROUND
DAILY CHOICE/SELECT SPREAD $10.91  TOTAL LOAD COUNT 79
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/03 $288.91 +7.05
 CUTTER 90%  350# UP C/O: $215.95 +5.15
 NAT'L BONELESS BF TRIM: 18.05 lds / Mostly shrply hr on mod-gd dem & lt offers
90% TRIM: 07 lds: Wtd Avg: $277.78 / Sharply higher
FI KILL(WTD) FRI 113(614) WK AGO 114(616) YR AGO 100(593) MIX: THU SH95/CB28
             SAT  17(631) WK AGO  18(634) YR AGO  42(636)
                 WEEKLY CANADIAN CATTLE IMPORTS.
               WK ENDING  FEEDERS  SLAUGHTER S&H
  Week Ending:  03/04/23   1,817      11,870
  Week Ending:  02/25/23   1,750      11,051
   Change from prev week:    +67      +9,348

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