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DTN Cattle Close/Trends 02/26 15:45

26 Feb 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/26/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,369 WEEK TO DATE: 11,920 STEERS LIVE FOB 335 115.00-115.25 115.00-115.00 115.10 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 501 115.00-115.25 115.00-115.00 115.11 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 4,660 WEEK TO DATE: 21,246 STEERS DRESSED DELIVERED 1,101 185.00-187.00 185.00-186.00 185.94 STEERS DRESSED FOB 72 185.00-185.00 185.00-185.00 185.00 HEIFERS DRESSED DELIVERED 40 185.00-185.00 186.00-185.00 185.00 HEIFERS DRESSED FOB 117 185.00-185.00 185.00-185.00 185.00 TEXAS CONFIRMED CASH SALES - TODAY: 414 WEEK TO DATE: 5,587 STEERS LIVE FOB 414 115.00-115.25 115.00-115.00 115.16 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 Trade not available due to confidentiality STEERS LIVE DELIVERED Trade not available due to confidentiality HEIFERS LIVE FOB Trade not available due to confidentiality HEIFERS LIVE DELIVERED Trade not available due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 2,647 WEEK TO DATE: 12,475 STEERS DRESSED DELIVERED 1,232 184.00-187.00 185.00-186.00 185.14 STEERS DRESSED FOB 354 183.00-183.00 183.00-183.00 183.00 HEIFERS DRESSED DELIVERED 412 185.00-185.00 185.00-185.00 185.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light cleanup/carryover trade was reported today generally steady with yesterday's business. Some believe that business could essentially be done for the week, especially in the South. We may need to see a little more trade in the North. 5-AREA LV STR AVG(FOB)PR&WT: $115.14(1425) HIDE&OFFAL: $8.91 -0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $178.58 $172.89 116,959 BOX BASED $194.34 $186.60 50,786 AVE INDEX $186.46 -1.43 $179.74 -1.52 167,745 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $206.34 -1.13 $198.60 -1.30 103.73 LDS CH CUTS / 27.38 LDS SEL CUTS / 18.00 LDS TRIM / 15.11 LDS GROUND BOXED BEEF TREND: Lower on light demand & heavy offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/21 $210.86 -0.87 CUTTER 90% 350# UP C/O: $175.91 -4.76 NAT'L BONELESS BF TRIM: 66.86 lds / Gen stdy on mod dem & hvy offers 90% TRIM: 17 lds: Wtd Avg $226.12 / Sharply lower FI KILL(WTD) WED 123(365) WK AGO 122(352) YR AGO 119(352) MIX: TUE SH98/CB26 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 02/08/20 1,897 10,915 Week Ending: 02/01/20 1,869 11,784 Change from prev week: +28 -869