USDA MARKET NEWS--AFTERNOON CATTLE REPORT    03/02/21

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    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

NEBRASKA  CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:       0
    STEERS DRESSED DELIVERED
          No reportable trade
    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:       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

IOWA      CONFIRMED CASH SALES - TODAY:       0  WEEK TO DATE:      39
    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: While the April live cattle contract sits at $119.42, 
feedlots know that its long past time to see the cash market grab a gear 
and trade higher. Getting packers on board with paying higher prices won't 
be an easy feat but as they continue to run swift processing speeds, they 
will need to restock supplies. It's unlikely that trade will really develop 
until sometime Thursday or Friday. 

5-AREA LV STR AVG(FOB)PR&WT: N/A     HIDE&OFFAL: $9.78 Unchg
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF HD
   LIVE BASED         $169.69             $157.14            64,808
   BOX BASED          $222.68             $214.17            35,729
   AVE INDEX          $196.18  -2.18      $185.65  -0.74    100,537
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                      $234.68  -1.50      $226.17  -1.47
   74.61 LDS CH CUTS / 19.43 LDS SEL CUTS /  5.98 LDS TRIM / 12.00 LDS GROUND
BOXED BEEF TREND: Not available due to changes on USDA reports
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/26 $234.32 +2.28
 CUTTER 90%  350# UP C/O: $188.47 -0.36 
NAT'L BONELESS BF TRIM:  25.72 lds / Shrply higher
 90% TRIM: 00 lds: Wtd Avg N/A   / Not established
FI KILL(WTD) TUE 123(243) WK AGO 122(241) YR AGO124(247) MIX: MON SH95/CB25 
                       WEEKLY CANADIAN CATTLE IMPORTS.
                           FEEDERS  SLAUGHTER S&H
   Week Ending:  02/13/21     947       10,566   
   Week Ending:  02/06/21   1,042       11,578
   Change from prev week:     -95       -1,012