DTN Cattle Close/Trends 10/23 15:40
23 Oct 2015
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/23/15 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE DTN WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 159 WEEK T0 DATE: 159 STEERS 89 136.00-136.00 136.00-136.00 136.00 HEIFERS 70 136.00-136.00 136.00-136.00 136.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 3,913 WEEK TO DATE: 3,913 STEERS 2,685 205.00-210.00 208.00-210.00 208.45 HEIFERS 575 208.00-211.00 208.00-211.00 209.25 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: 2,168 WEEK TO DATE: 3,544 STEERS 457 208.00-208.00 208.00-208.00 208.00 HEIFERS 358 208.00-211.00 208.00-211.00 209.41 COMMENTS: At the time of this close, a light trade had developed in parts of the North with dressed deals marked at mostly 208.00, $3.00 hr than last week's weighted average basis Nebraska. A few scattered deals were reported in the South at 136.00, steady to $1.00 lower than the majority of last week's business. 5 AREA LV STR AVE PR&WT: $ No Test HIDE & OFFAL: $11.16 +0.14 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 197.50 190.26 81,422 BOX BASED 205.17 198.90 47,885 AVE INDEX 201.34 -0.14 194.58 +0.52 129,307 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 217.17 -0.30 210.90 +1.03 56.32 LDS CH CUTS / 17.14 LDS SEL CUTS / 3.72 LDS TRIM / 18.07 LDS GROUND BOXED BEEF TREND: Wk on Ch & Hr on Sel on lt-mod dem & lt offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/16 $207.68 +1.08 CUTTER 90% 350# UP C/O: $183.33 -2.84 NAT'L BONELESS BF TRIM: 20.49 lds / Unevenly steady on lt dem & offers 90% TRIM: 04 lds /WT AVG: $222.76 / Sharply lower on a light test *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) FRI 104(548) WK AGO 108(553) YR AGO 106(557) MIX: THU SH86/CB21 SAT 8(556) WK AGO 20(573) YR AGO 21(578) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 10/10/15 1,626 4,346 Week Ending: 10/03/15 2,490 4,510 Change from prev week: -864 -164