DTN Cattle Close/Trends 03/04 15:30

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/04/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 37 WEEK T0 DATE: 126 STEERS No reportable trade HEIFERS 37 135.00-135.00 135.00-135.00 135.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 2,049 WEEK TO DATE: 2,464 STEERS 790 212.00-214.00 212.00-214.00 213.89 HEIFERS 329 214.00-214.00 214.00-214.00 214.00 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: 4,892 WEEK TO DATE: 6,647 STEERS 1,639 214.00-214.00 214.00-214.00 214.00 HEIFERS 886 214.00-214.00 214.00-214.00 214.00 COMMENTS: At the time of this close significant business had yet to develop. A slight trade was reported in the North with prices ranging from 212.00-214.00, mostly 214.00, fully steady with last week's weighted average basis Nebraska. We will be following the trade as the afternoon progresses look for updates on cash cattle sales on the Daily Sales Reported to DTN page. 5-AREA LV STR AVE PR&WT: $No Test HIDE & OFFAL: $10.65 +0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 202.88 198.46 92,268 BOX BASED 208.97 199.99 49,950 AVE INDEX 205.92 +0.63 199.22 +0.19 142,218 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 220.97 +1.22 211.99 +0.35 75.41 LDS CH CUTS / 18.58 LDS SEL CUTS / 5.14 LDS TRIM / 27.39 LDS GROUND BOXED BEEF TREND: Firm to higher on mod dem & lt-mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 02/26 $212.44 +1.60 CUTTER 90% 350# UP C/O: $171.40 +0.64 NAT'L BONELESS BF TRIM: 17.94 lds / Shrply hr on lt offers & gd dem 90% TRIM: 06 LDS/WT AVG: $216.51 / Generally steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) FRI 98(525) WK AGO 101(524) YR AGO 103(532) MIX THU SH86/CB23 SAT 8(533) WK AGO 10(534) YR AGO 3(535) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 02/20/16 2,261 6,519 Week Ending: 02/13/16 3,224 6,937 Change from prev week: -963 -418