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DTN Cattle Close/Trends 02/26 15:30

26 Feb 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/26/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 42 WEEK T0 DATE: 115 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 5,881 WEEK TO DATE: 6,458 STEERS 2,812 212.00-214.00 212.00-214.00 212.60 HEIFERS 2,132 210.00-214.00 210.00-214.00 212.02 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: 3,347 WEEK TO DATE: 7,368 STEERS 1,120 210.00-212.00 210.00-212.00 211.71 HEIFERS 593 212.00-212.00 212.00-212.00 212.00 COMMENTS: At the time of this close a light trade had been reported in parts of the North ranging from 210-214, Steady to $4 hr. But business in the South had yet to start. For more information as cash sales come in later in the afternoon and early evening turn to the Daily Sales Reported to DTN Page. 5-AREA LV STR AVE PR&WT: $132.08(1450) HIDE & OFFAL: $10.53 -0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 198.97 194.75 67,226 BOX BASED 205.67 199.99 48,155 AVE INDEX 202.32 -0.49 197.37 -0.94 115,381 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 217.67 -1.09 211.99 -1.99 66.93 LDS CH CUTS / 13.12 LDS SEL CUTS / 0.00 LDS TRIM / 12.70 LDS GROUND BOXED BEEF TREND: Lower on light to moderate demand and offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/19 $210.84 -4.30 CUTTER 90% 350# UP C/O: $168.47 -1.58 NAT'L BONELESS BF TRIM: 5.27 lds / Not fully established 90% TRIM: 04 LDS/WT AVG: $211.64 / Weak to lower on a light test *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) FRI 101(524) WK AGO 99(507) YR AGO 104(524) MIX THU SH87/CB22 SAT 10(534) WK AGO 14(521) YR AGO 2(526) 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