DTN Cattle Close/Trends 02/29 15:50
29 Feb 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/29/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK T0 DATE: 0 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 34 WEEK TO DATE: 34 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: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade COMMENTS: A typical Monday with the cash trade at a complete standstill. 5-AREA LV STR AVE PR&WT: $136.09(1442) HIDE & OFFAL: $10.58 +0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 202.83 198.41 96,083 BOX BASED 205.16 200.84 44,225 AVE INDEX 203.99 +1.67 199.62 +2.25 140,308 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 217.16 -0.51 212.84 +0.85 65.20 LDS CH CUTS / 16.01 LDS SEL CUTS / 6.65 LDS TRIM / 23.86 LDS GROUND BOXED BEEF TREND: Lower on light to moderate demand and offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/26 $212.44 +1.60 CUTTER 90% 350# UP C/O: $169.40 +0.93 NAT'L BONELESS BF TRIM: 43.63 lds / Hr on mod dem & lt offers 90% TRIM: 26 LDS/WT AVG: $212.88 / Firm *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) MON 104 WK AGO 103 YR AGO 108 MIX FRI SH80/CB21 SAT SH4/CB6 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