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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
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