USDA MARKET NEWS--AFTERNOON CATTLE REPORT    03/04/21

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:     324  WEEK TO DATE:  14,498
    STEERS LIVE FOB
       66             113.00-113.00       113.00-113.00      113.00    
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:   1,607  WEEK TO DATE:  14,600
    STEERS DRESSED DELIVERED
      474             178.00-182.00       178.00-182.00      179.48
    STEERS DRESSED FOB
      105             180.00-180.00       180.00-180.00      180.00
    HEIFERS DRESSED DELIVERED
      107             180.00-182.00       180.00-182.00      181.27
    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:      0  WEEK TO DATE:   2,789
    STEERS LIVE FOB
          No reportable trade
    STEERS LIVE DELIVERED
          No reportable trade
    HEIFERS LIVE FOB
          No reportable trade
    HEIFERS LIVE DELIVERED
          No reportable trade

IOWA      CONFIRMED CASH SALES - TODAY:   2,490  WEEK TO DATE:  10,405
    STEERS DRESSED DELIVERED
    1,348             178.00-180.00       178.00-180.00      178.74
    STEERS DRESSED FOB
       38             180.00-180.00       180.00-180.00      180.00
    HEIFERS DRESSED DELIVERED
      125             180.00-180.00       180.00-180.00      180.00
    HEIFERS DRESSED FOB
          No reportable trade

COMMENTS: The live cattle contracts closed lower as the cash cattle 
market continues to give up leverage and scale lower. There wasn't a whole 
lot of business that developed but of the cattle that did trade Northern cattle 
sold for $113 to $114 live and $180 dressed, and Southern cattle sold again for 
$114. 

Thursday's actual slaughter data came out for the week ending 2/20/2021 which 
was when the nation's temperatures dropped, and snow capped the South. Both 
steer and heifer weights dropped significantly. Steers averaged 909 pounds 
(down ten pounds from the previous week) and heifers averaged 841 pounds 
(down nine pounds from the previous week). 
  
5-AREA LV STR AVG(FOB)PR&WT:$113.85(1411) HIDE&OFFAL: $9.80 +.02
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF HD
   LIVE BASED         $169.19             $156.63            98,748
   BOX BASED          $221.88             $209.68            37,673
   AVE INDEX          $195.53  +0.16      $183.16  -1.54    136,421
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                      $233.88  +0.85      $221.68  -2.56
   73.84 LDS CH CUTS / 20.35 LDS SEL CUTS / 14.11 LDS TRIM / 18.24 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: $187.30 -0.07 
NAT'L BONELESS BF TRIM:  66.84 lds / Sharply lower
 90% TRIM: 13 lds: Wtd Avg $232.60 / Generally steady
FI KILL(WTD) THR 121(485) WK AGO 121(483) YR AGO 124(493) MIX: TUE SH93/CB28 
                       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