DTN Cattle Close/Trends 02/23 15:35

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/23/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK T0 DATE: 35 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 156 WEEK TO DATE: 156 STEERS No reportable trade HEIFERS 156 135.00-135.00 135.00-135.00 135.00 IOWA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade COMMENTS: The cash cattle trade remained untested Tuesday with just a few packer bids evident in parts of the South. Significant trade volume is not likely to surface until Thursday or Friday. 5-AREA LV STR AVE PR&WT: $135.00(1500) HIDE & OFFAL: $10.58 +0.09 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 198.82 194.60 64,733 BOX BASED 203.14 200.30 56,534 AVE INDEX 200.98 +0.86 197.45 +1.19 121,267 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 215.14 +1.86 212.30 +2.50 71.04 LDS CH CUTS / 24.01 LDS SEL CUTS / 8.01 LDS TRIM / 26.92 LDS GROUND BOXED BEEF TREND: Hr on mod-frly gd dem & lite-mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/19 $210.84 -4.30 CUTTER 90% 350# UP C/O: $168.97 +1.27 NAT'L BONELESS BF TRIM: 35.86 lds / Mod hr, mod/good dem; lite-mod offers 90% TRIM: 9 LDS/WT AVG: $212.55 / Moderately higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) TUE 109(212) WK AGO 108(201) YR AGO 110(209) MIX S&H 83/C&B 20 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 02/06/16 983 6,610 Week Ending: 01/30/16 847 6,070 Change from prev week: +136 +540