DTN Cattle Close/Trends 02/24 15:25

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/24/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 38 WEEK T0 DATE: 73 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 268 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: 0 WEEK TO DATE: 156 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 247 WEEK TO DATE: 624 STEERS 36 210.00-210.00 210.00-210.00 210.00 HEIFERS No reportable trade COMMENTS: Another quiet day with just a handful reported sold in IA 5-AREA LV STR AVE PR&WT: $124.00(1350)Lt Test / HIDE & OFFAL: $10.54 - 0.04 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 198.88 194.66 65,285 BOX BASED 205.72 201.72 52,863 AVE INDEX 202.30 +1.32 198.19 +0.74 118,148 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 217.72 +2.58 213.72 +1.42 83.06 LDS CH CUTS / 28.80 LDS SEL CUTS / 0.00 LDS TRIM / 29.73 LDS GROUND BOXED BEEF TREND: Hr to shrply hr on mod-frly gd dem & lt-mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/19 $210.84 -4.30 CUTTER 90% 350# UP C/O: $169.50 +0.53 NAT'L BONELESS BF TRIM: 29.89 lds / Not fully established 90% TRIM: 16 LDS/WT AVG: $213.32 / Firm to higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 102(314) WK AGO 100(301) YR AGO 102(311) MIX SH87/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 02/13/16 3,224 6,937 Week Ending: 02/06/16 983 6,610 Change from prev week: +2,241 +327