| |
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
Your local weather forecast from DTN can be sent to your email every morning free through DTN Snapshot.
|
|
