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DTN Cattle Close/Trends 03/11 15:30

11 Mar 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/11/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 239 WEEK T0 DATE: 239 STEERS No reportable live trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 16,263 WEEK TO DATE: 18,168 STEERS 6,305 216.00-220.00 220.00-220.00 219.98 HEIFERS 4,792 219.00-220.00 220.00-220.00 219.99 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 893 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: 15,894 WEEK TO DATE: 17,790 STEERS 7,012 219.00-220.00 220.00-220.00 219.97 HEIFERS 4,144 214.00-220.00 220.00-220.00 219.90 COMMENTS: At the time of this close a light to moderate trade had developed in the North at mostly 220.00, $6.00 Hr than the previous week basis NE. The South had yet to do much of anything. We will be updating business throughout the afternoon and early evening on the Daily Sales Reported to DTN page. 5-AREA LV STR AVE PR&WT: $ No Test HIDE & OFFAL: $10.98 +0.33 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 202.12 196.01 59,776 BOX BASED 212.05 203.12 56,748 AVE INDEX 207.09 -0.83 199.57 +0.40 116,524 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 224.05 -1.19 215.12 +1.27 74.39 LDS CH CUTS / 27.39 LDS SEL CUTS / 5.05 LDS TRIM / 22.43 LDS GROUND BOXED BEEF TREND: Lr on Ch & hr on Sel on lt-mod dem & offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/04 $213.89 +1.45 CUTTER 90% 350# UP C/O: $172.07 -1.59 NAT'L BONELESS BF TRIM: 22.28 lds / Shrply hr on gd dem & lt offers 90% TRIM: 08 LDS/WT AVG: $216.77 / Weak to lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) FRI 97(527) WK AGO 98(525) YR AGO 98(525) MIX THU SH85/CB23 SAT 9(536) WK AGO 8(533) YR AGO 3(528) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 02/27/16 7,389 6,121 Week Ending: 02/20/16 2,261 6,519 Change from prev week: +5,128 -398