Red Deer

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/31/22 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 694 WEEK TO DATE: 15,919 STEERS LIVE FOB 351 138.00-138.00 138.00-138.00 138.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB No reportable trade HEIFERS LIVE DELIVERED No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 14,022 WEEK TO DATE: 24,904 STEERS DRESSED DELIVERED 5,329 221.00-225.00 221.00-225.00 222.12 STEERS DRESSED FOB 827 219.00-224.00 219.00-224.00 222.58 HEIFERS DRESSED DELIVERED 2,645 221.00-225.00 221.00-225.00 222.09 HEIFERS DRESSED FOB 342 222.00-223.00 222.00-223.00 222.12 TEXAS CONFIRMED CASH SALES - TODAY: 362 WEEK TO DATE: 9,304 STEERS LIVE FOB 85 138.00-138.00 138.00-138.00 138.00 STEERS LIVE DELIVERED No reportable trade HEIFERS LIVE FOB 192 138.00-138.00 138.00-138.00 138.00 HEIFERS LIVE DELIVERED No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS LIVE FOB Not reported due to confidentiality STEERS LIVE DELIVERED Not reported due to confidentiality HEIFERS LIVE FOB Not reported due to confidentiality HEIFERS LIVE DELIVERED Not reported due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 9,778 WEEK TO DATE: 15,900 STEERS DRESSED DELIVERED 1,957 222.00-228.00 222.00-225.00 223.10 STEERS DRESSED FOB 385 222.00-222.00 222.00-222.00 222.00 HEIFERS DRESSED DELIVERED 297 222.00-223.00 222.00-223.00 222.14 HEIFERS DRESSED FOB No reportable trade COMMENTS: A light trade was reported in the North today with dressed deals marked at $219 to $228, generally $222 to $225 roughly $1 to $4 higher than last week's weighted average basis Nebraska. Southern live trade this week has been marked at mostly $138, fully steady with the bulk of last week's business. A little cleanup on Friday is likely. 5-AREA LV STR AVG(FOB)PR&WT: $138.69(1468) HIDE&OFFAL: $13.41 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $203.36 $192.40 50,593 BOX BASED $256.39 $250.34 31,085 AVE INDEX $229.88 +0.33 $221.37 +2.09 81,678 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $268.39 +1.35 $262.34 +4.88 66.82 LDS CH CUTS / 9.69 LDS SEL CUTS / 4.19 LDS TRIM / 14.86 LDS GROUND DAILY CHOICE/SELECT SPREAD $ 6.05 TOTAL LOAD COUNT 96 *****THE USDA REVISED WEDNESDAY'S DAILY BOXED BEEF CUTOUT REPORT AND THE***** **BEEF CARCASS PRICE EQUIVALENT INDEX VALUE REPORT. SEE CORRECTED COPY BELOW** 03/30/2022 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $204.07 $193.10 64,717 BOX BASED *$225.04* $245.46 *33,575* AVE INDEX *$229.55**+1.33* $219.28 +1.37 *98,292* BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) *$267.04 +2.54* $257.46 +2.62 *58.88*LDS CH CUTS / 7.40 LDS SEL CUTS / 2.63 LDS TRIM / 15.66 LDS GROUND DAILY CHOICE/SELECT SPREAD $*9.58* TOTAL LOAD COUNT 85 COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/25 $263.66 +2.17 CUTTER 90% 350# UP C/O: $228.38 -0.43 NAT'L BONELESS BF TRIM: 31.22 lds / Shrply lr on lt dem & offers 90% TRIM: 21 lds: Wtd Avg $281.69 / Moderately lower FI KILL(WTD) THU 121(490) WK AGO 122(488) YR AGO 115(469) MIX: WED SH96/CB29 WEEKLY CANADIAN CATTLE IMPORTS. WK ENDING FEEDERS SLAUGHTER S&H Week Ending: 03/19/22 7,645 11,226 Week Ending: 03/12/22 5,753 12,220 Change from prev week: +1,892 -994