DTN CATTLE PRICES/TRENDS 03/20 08:05
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 03/13-03/17
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 2,500 164.00 .
NE 3,000 164.00 264.00-265.00
TX 1,500 164.00 .
CO . . .
IA 1,200 165.00-166.00 264.00
DTN WEEKLY ROUND UP: The bulk of business took place on
Wednesday and Thursday last week, with Northern dressed deals
ranging from $260 to $265, mostly $264, $1 lower than the
prior week's weighted average basis Nebraska. Southern live
trade had a range of $163 to $165, mostly $164, also $1 lower
than the previous week's weighted averages. According to
Thursday's Daily Direct Slaughter Cattle Summary reports, the
accumulated weekly average price totals were as follows (the
prior week's weighted averages are listed in parentheses): KS
$163.90($165.07); NE $263.85($265.62); TX $163.91(165.00); IA
$263.91($264.82); CO not available due to confidentiality.
The Friday Afternoon Daily Direct Slaughter Cattle report
lists weekly trade volume totals as: KS 9,285; NE 21,754; TX
4,996; IA 20,473; but not available in CO due to
confidentiality. Friday's slaughter totaled 113,000 head,
1,000 below the prior week, but 13,000 greater than a year
ago. Saturday's kill was estimated at 17,000 head, bringing
the weekly total to 631,000 head, 3,000 less than the previous
week, and 5,000 under 2022. The weekly averages for boxed beef
cutouts and boxed beef cuts: choice $284.47(-2.01), select
$273.00(-2.93), with an average choice select spread of
$11.47(+0.92), and a total load count including cuts,
trimmings, and grinds of 501(-46). Changes from the prior week
are listed in parentheses.
For the week ending March 11, 2023, Imported Beef Passed for
Entry in the U.S. totaled 43,351, 93.40% of the previous week
and 99.82% of the 4-week average.
DTN MORNING COMMENTS: Another rather quiet Monday with both
buyers and sellers busy taking inventory and collecting new
showlists. Bids and asking prices are yet to be established.
Significant trade volume will probably be delayed until the
second half of the week. Beef cutouts are expected to be mixed
with light box movement.
NOTE: The price and volume information listed on this page is
supplied by DTN subscribers in the interest of general cash
market awareness. All cattle feeding subscribers are encouraged
to report sales in a timely fashion in order to compensate for
the systematic delays of mandatory reporting. While all
transactions will be posted on an anonymous basis, callers are
required to identify themselves and the location of the actual
sales. DTN believes this data to be accurate but cannot
guarantee its specific reliability or whether it fairly
represents the larger cash market.
Feedlots are encouraged to call DTN with any cattle sales, at
1-800-369-7675, ext. 3678. All sales will be listed
anonymously and organized by state. A weekly summary from
this data will be posted on the Weekly Cattle Sales Reported
to DTN page, and will be left up for the entire week for
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