DTN Cattle Close/Trends 12/23 15:30
23 Dec 2015
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/23/15 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE DTN WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 137 WEEK T0 DATE: 4,206 STEERS 39 124.00-124.00 124.00-124.00 124.00 HEIFERS 98 124.00-124.00 124.00-124.00 124.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 506 WEEK TO DATE: 4,193 STEERS 25 196.00-196.00 196.00-196.00 196.00 HEIFERS 12 196.00-196.00 196.00-196.00 196.00 TEXAS CONFIRMED CASH SALES - TODAY: none WEEK TO DATE: 3,271 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 1,634 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 2,183 WEEK TO DATE: 2,967 STEERS 872 195.00-196.00 195.00-196.00 195.80 HEIFERS 400 195.00-196.00 195.00-196.00 195.79 COMMENTS: The cash trade at midweek was very light, although significantly higher packer interest surfaced late in the day at $200 dressed (i.e., $16 higher than last week basis Nebraska). 5 AREA LV STR AVE PR&WT: $123.20 (1379) HIDE & OFFAL: $10.53 STDY CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 177.18 163.52 59,046 BOX BASED 182.90 175.50 61,763 AVE INDEX 180.04 +2.69 169.51 +2.93 120,809 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 194.90 +3.37 187.50 +3.85 83.15 LDS CH CUTS / 34.93 LDS SEL CUTS / 3.84 LDS TRIM / 39.51 LDS GROUND BOXED BEEF TREND: Sharply HR; good dem; lit-mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/18 $193.83 -3.87 CUTTER 90% 350# UP C/O: $158.59 +0.27 NAT'L BONELESS BF TRIM: 23.92 lds / Weak-slightly LR; lit Dem/Offers 90% TRIM: 8 LDS/WT AVG: $195.29 / Unevenly steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 113(340) WK AGO 112(338) YR AGO 42(273) MIX: TUE SH93/CB23 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 12/12/15 670 5,959 Week Ending: 12/05/15 1,830 5,502 Change from prev week: -1,160 + 457