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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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