DTN Cattle Close/Trends 12/22 15:30

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/22/15 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE DTN WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,294 WEEK T0 DATE: 1,324 STEERS 557 122.00-122.00 122.00-122.00 122.00 HEIFERS 638 122.00-122.00 122.00-122.00 122.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 40 WEEK TO DATE: 40 STEERS No reportable trade HEIFERS No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 1,499 WEEK TO DATE: 1,499 STEERS 84 122.00-122.00 122.00-122.00 122.00 HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 60 WEEK TO DATE: 60 STEERS 60 122.50-122.50 122.50-122.50 122.50 HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 330 WEEK TO DATE: 465 STEERS No reportable trade HEIFERS No reportable trade COMMENTS: Packer spending in cattle country took a big jump Tuesday as cash prices were forced to follow bullish futures. While volume seemed no better than light to moderate, live sales ranged $5-$7 higher than last week. 5 AREA LV STR AVE PR&WT: $No Test HIDE & OFFAL: $10.53 -0.04 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 175.17 161.50 58,390 BOX BASED 179.53 171.65 63,344 AVE INDEX 177.35 +0.16 166.58 -0.10 121,734 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 191.53 +0.25 183.65 -0.28 130.76 LDS CH CUTS / 47.00 LDS SEL CUTS / 15.14 LDS TRIM / 29.41 LDS GROUND BOXED BEEF TREND: Steady-weak; lit-mod dem/hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/18 $193.83 -3.87 CUTTER 90% 350# UP C/O: $158.32 +0.30 NAT'L BONELESS BF TRIM: 38.03 lds / Steady-firm; lit-mod dem/mod-hvy offers 90% TRIM: No Test/WT AVG: $xxx.xx / xxxxxx *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) TUE 116(227) WK AGO 114(226) YR AGO 117(231) MIX: MON SH90/CB21 REVISED MON CATTLE SLAUGHTER 111 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 12/05/15 1,830 5,502 Week Ending: 11/28/15 769 2,876 Change from prev week: +1,061 +2,626