DTN Cattle Close/Trends 03/18 15:20
18 Mar 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/18/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 649 WEEK T0 DATE: 649 STEERS 427 139.00-139.00 139.00-139.00 139.00 HEIFERS 222 139.00-139.00 139.00-139.00 139.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 2,402 WEEK TO DATE: 4,378 STEERS 1,340 220.00-225.00 222.00-225.00 223.08 HEIFERS 505 222.00-224.00 222.00-224.00 222.77 TEXAS CONFIRMED CASH SALES - TODAY: 1,569 WEEK TO DATE: 1,569 STEERS 158 140.00-140.00 140.00-140.00 140.00 HEIFERS 1,250 140.00-140.00 140.00-140.00 140.00 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 2,771 WEEK TO DATE: 4,052 STEERS 1,339 220.00-223.00 220.00-223.00 221.97 HEIFERS 136 222.00-222.00 222.00-222.00 222.00 COMMENTS: A light trade developed in most areas this afternoon with Northern dressed deals marked at mostly 223.00, generally $3.00 higher than last week's weighted average basis NE. Southern live business was at 139-140, $1-2 higher. 5-AREA LV STR AVE PR&WT: $140.52(1454)Light Test/HIDE & OFFAL: $11.26 +0.11 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 206.99 199.09 77,495 BOX BASED 219.81 210.33 41,832 AVE INDEX 213.40 -1.41 204.71 -0.32 119,327 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 231.81 -2.83 222.33 -0.64 53.93 LDS CH CUTS / 16.21 LDS SEL CUTS / 4.57 LDS TRIM / 27.04 LDS GROUND BOXED BEEF TREND: Shrply lr on Ch & Wk on Sel on lt-mod dem & offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/11 $216.25 +2.36 CUTTER 90% 350# UP C/O: $172.37 +0.07 NAT'L BONELESS BF TRIM: 12.46 lds / unevenly stdy on lt dem & offer 90% TRIM: 00 LDS/WT AVG: $No test/ Firm to higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) FRI 93(535) WK AGO 97(527) YR AGO 86(517) MIX THU SH85/CB23 SAT 10(545) WK AGO 9(536) YR AGO 5(520) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 03/05/16 6,776 6,662 Week Ending: 02/27/16 7,389 6,121 Change from prev week: -613 +541