DTN Cattle Close/Trends 03/16 15:30
16 Mar 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/16/16 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: 0 WEEK TO DATE: 0 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: 40 WEEK TO DATE: 248 STEERS No reportable trade HEIFERS No reportable dressed trade COMMENTS: Another very quiet day with the cash trade at a complete standstill. 5-AREA LV STR AVE PR&WT: $ No Test HIDE & OFFAL: $10.99 +0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 207.22 199.32 74,905 BOX BASED 221.92 211.68 47,040 AVE INDEX 214.57 +1.51 205.50 +1.10 121,945 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 233.92 +2.91 223.68 +2.10 73.36 LDS CH CUTS / 28.04 LDS SEL CUTS / 0.00 LDS TRIM / 37.76 LDS GROUND BOXED BEEF TREND: Shrply hr on mod- frly gd dem & lt offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/11 $216.25 +2.36 CUTTER 90% 350# UP C/O: $173.46 -0.37 NAT'L BONELESS BF TRIM: 25.06 lds / Not fully established 90% TRIM: 10 LDS/WT AVG: $218.08 / Weak to lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 111(334) WK AGO 110(322) YR AGO 109(327) MIX TUE SH90/CB23 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