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DTN Cattle Close/Trends 09/16 15:20

16 Sep 2015
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 09/16/15 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE DTN WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 119 WEEK T0 DATE: 119 STEERS No reportable live trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 6,918 WEEK TO DATE: 7,093 STEERS 3,293 212.00-215.00 212.00-215.00 213.70 HEIFERS 1,112 214.00-214.00 214.00-214.00 214.00 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 8,385 WEEK TO DATE: 13,285 STEERS 1,758 213.00-216.00 213.00-216.00 214.00 HEIFERS 1,627 214.00-215.00 214.00-215.00 214.47 COMMENTS: A light trade was reported in parts of the North today with dressed prices $5.00-7.00 lower than last week's weighted average basis Nebraska. 5 AREA LV STR AVE PR&WT: $135.33(1511) HIDE & OFFAL: $12.39 -0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 205.68 194.21 56,446 BOX BASED 221.41 213.03 67,277 AVE INDEX 213.55 -0.17 203.62 -0.12 123,723 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 233.41 -0.08 225.03 +0.02 84.43 LDS CH CUTS / 41.80 LDS SEL CUTS / 21.55 LDS TRIM / 26.97 LDS GROUND BOXED BEEF TREND: Steady on light-moderate demand & offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 09/11 $233.94 -2.80 CUTTER 90% 350# UP C/O: $218.84 +0.94 NAT'L BONELESS BF TRIM: 30.82 lds / Gen stdy on mod dem & offers 90% TRIM: 12 lds /WT AVG: $276.12 / Firm to moderately higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 111(336) WK AGO 114(230) YR AGO 113(342) MIX: TUE SH91/CB21 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 08/29/15 3,170 3,508 Week Ending: 08/22/15 2,218 4,241 Change from prev week: +146 +22