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DTN CATTLE PRICES/TRENDS               03/20 08:05


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 
reference purposes.

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