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DTN CATTLE PRICES/TRENDS 03/01 08:20
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 02/22-02/26
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 2,800 114.00-114.50 .
NE 3,500 114.00 181.00-182.00
TX 2,000 114.00 .
CO 1,000 114.00 .
IA 1,100 114.00-115.50 181.00-182.00
DTN WEEKLY ROUND UP: A rather light trade took place last
week and it came in in dribs and drabs Wednesday through
Friday. Southern live business ranged from $114 to $114.50,
mostly $114 fully steady with the prior week's weighted
averages. Northern dressed deals ranged from $178.50 to $182,
mostly $182, roughly $1 higher than the previous week's
weighted averages. According to Thursday's Daily Direct
Slaughter Cattle Summary reports the accumulated weekly
average price totals are as follows (the prior week's
weighted averages are listed in parentheses): KS
$114.00($114.00); NE $181.64($180.59); TX $114.04($114.00);
IA $181.71($180.59); CO Not available due to confidentiality,
but private sources reported sales at $114, also fully steady
with the prior week.
According to the Friday Afternoon Daily Direct Slaughter
Cattle reports weekly trade volume totals were: KS 9,879; NE
19,025; TX 6,779; IA 17,554, CO NA due to confidentiality.
Friday's slaughter totaled 119,000 head, 10,000 greater than
the prior week, and 4,000 head more than the previous year.
Saturday's slaughter was estimated at 64,000 head, bringing
the weekly total to 666,000 head, 114,000 above the week
before, and 38,000 over 2020.
DTN MORNING COMMENTS: Following last week where cattle traded
$1.00 higher in the North but steady in the South, feedlots are
expected to price cattle higher again this week. Monday's
market is expected to be slow as usual as the industry
configures its new showlists and finds out exactly how many
cattle traded last week.
Bids and asking prices are not established as of yet, and
significant trade volume will likely be delayed until the
second half of the week. Beef cutouts are expected to be higher
with generally light box movement.
For the week ending February 20, 2021, Imported Beef Passed for
Entry in the U.S. totaled 31,398, 91.07% of the previous week
and 86.88% of the 4-week average.
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. General volumes and summaries from this
data will also be posted on the Daily Sales Reported to DTN
page.
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