Market News

DTN Cattle Close/Trends 02/27 15:35

02/27/2024





USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/27/24

VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG

KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0
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: 0 WEEK TO DATE: 0
STEERS DRESSED DELIVERED
No reportable trade
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: 0
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: 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: 117 WEEK TO DATE: 117
STEERS DRESSED DELIVERED
No reportable trade
STEERS DRESSED FOB
No reportable trade
HEIFERS DRESSED DELIVERED
80 288.00-288.00 288.00-288.00 288.00
HEIFERS DRESSED FOB
No reportable trade

COMMENTS: Just a handful of heifers were reported sold in Iowa today,
certainly not enough to establish any kind of a trend for the week. The rest
of cattle country remained at a complete standstill. Significant trade volume
will likely be delayed until the second half of the week.

5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $11.66 -0.13
CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) HEAD
SUPPLY (Live) $278.53 $264.97 58,872
DEMAND (Box) $289.74 $278.40 43,215
INDEX VALUE $284.13 +0.08 $271.69 +1.31 102,087
BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#)
$301.74 -0.05 $290.40 +2.41
59.29 LDS CH CUTS / 14.38 LDS SEL CUTS / 13.26 LDS TRIM / 12.92 LDS GROUND
DAILY CHOICE/SELECT SPREAD $11.34 TOTAL LOAD COUNT 100
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/23 $296.36 +1.99
CUTTER 90% 350# UP C/O: $242.46 +2.95
NAT'L BONELESS BF TRIM: 38.09 lds / Mostly shrply hr on mod-gd dem&mod offers
90% TRIM: 17 lds: Wtd Avg: $314.19 / Sharply higher
FI KILL(WTD) TUE 125(247) WK AGO 125(229) YR AGO 126(250)
Previous Day Breakdown: MON SH96/CB26
WEEKLY CANADIAN CATTLE IMPORTS.
WK ENDING FEEDERS SLAUGHTER S&H
Week Ending: 02/10/24 2,339 11,503
Week Ending: 02/03/24 2,453 11,783
Change from prev week: -114 -280