DTN Cattle Close/Trends 03/31 15:25
31 Mar 2020
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/31/20 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 77 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: 190 WEEK TO DATE: 190 STEERS DRESSED DELIVERED 190 180.00-180.00 180.00-180.00 180.00 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: 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 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: 117 WEEK TO DATE: 156 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: Another quiet day with the cash trade at a near standstill. Significant trade volume will likely be delayed until Wednesday or later. Note - Both the choice and select cutout had record breaking lows today. The previous one-day drop in choice cutouts was $7.26 on January 31, 2014. The previous one-day drop on select cutouts was $5.43 on February 02, 2014. 5-AREA LV STR AVG(FOB)PR&WT: $No Test HIDE&OFFAL: $8.11 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $182.06 $169.16 81,574 BOX BASED $231.15 $216.96 47,925 AVE INDEX $206.61 -3.88 $193.06 -4.56 129,499 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $243.15 -7.82 $228.96 -9.18 51.75 LDS CH CUTS / 26.21 LDS SEL CUTS / 8.59 LDS TRIM / 17.59 LDS GROUND BOXED BEEF TREND: Shrply lr on lt dem & lt-mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/27 $243.65 +13.94 CUTTER 90% 350# UP C/O: $187.18 +0.65 NAT'L BONELESS BF TRIM: 26.30 lds / Unevenly stdy on lt-mod dem & offers 90% TRIM: 10 lds: Wtd Avg $242.23 / Mostly firm to higher FI KILL(WTD) TUE 119(236) WK AGO 123(239) YR AGO 122(240) MIX: MON SH93/CB24 ***** REVISION ** MON 117 ** REVISION ***** WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 03/14/20 2,400 11,274 Week Ending: 03/07/20 2,736 10,336 Change from prev week: -336 +938