DTN Cattle Close/Trends 02/24 15:40

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/24/21 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,416 WEEK TO DATE: 1,416 STEERS LIVE FOB 625 114.00-114.00 114.00-114.00 114.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 285 114.00-114.00 114.00-114.00 114.00 HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 1,826 WEEK TO DATE: 2,705 STEERS DRESSED DELIVERED 685 181.00-181.00 181.00-181.00 181.00 STEERS DRESSED FOB 77 181.00-181.00 181.00-181.00 181.00 HEIFERS DRESSED DELIVERED No reportable trade HEIFERS DRESSED FOB 84 181.00-181.00 181.00-181.00 181.00 TEXAS CONFIRMED CASH SALES - TODAY: 1,081 WEEK TO DATE: 1,081 STEERS LIVE FOB 720 114.05-114.05 114.05-114.05 114.05 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 361 114.05-114.05 114.05-114.05 114.05 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 No reportable trade HEIFERS LIVE FOB NA Due to Confidentiality HEIFERS LIVE DELIVERED No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 663 WEEK TO DATE: 1,501 STEERS DRESSED DELIVERED 252 180.00-181.00 180.00-181.00 180.15 STEERS DRESSED FOB No reportable trade HEIFERS DRESSED DELIVERED 185 181.00-181.00 181.00-181.00 181.00 HEIFERS DRESSED FOB No reportable trade COMMENTS: Some very light scattered trade took place today at mostly $114 in the South fully steady with last week's weighted averages, and $181 in the North, roughly .50 higher than last week's weighted average basis Nebraska. A More significant trade volume will need to take place either Thursday and/or Friday. 5-AREA LV STR AVG(FOB)PR&WT: $114.05(1310) HIDE&OFFAL: $9.78 +0.07 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $168.66 $155.78 60,761 BOX BASED $228.75 $217.79 40,092 AVE INDEX $198.71 +0.22 $186.79 -0.38 100,853 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $240.75 +0.46 $229.79 -0.74 78.36 LDS CH CUTS / 13.10 LDS SEL CUTS / 16.07 LDS TRIM / 21.53 LDS GROUND BOXED BEEF TREND: Not available due to changes on USDA reports COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/19 $232.04 +0.85 CUTTER 90% 350# UP C/O: $188.09 -2.06 NAT'L BONELESS BF TRIM: 79.98 lds / Shrply lr on lt dem & mod offers 90% TRIM: 18 lds: Wtd Avg $231.02 / Mostly sharply lower FI KILL(WTD) WED 121(362) WK AGO 99(269) YR AGO 123(363) MIX: TUE SH96/CB26 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 02/06/21 1,042 11,578 Week Ending: 01/30/21 1,007 9,552 Change from prev week: +35 +2,026