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DTN Cattle Close/Trends 03/22 15:35

22 Mar 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/22/16 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: 204 WEEK TO DATE: 292 STEERS 59 218.00-218.00 218.00-218.00 218.00 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: 175 WEEK TO DATE: 175 STEERS 175 218.00-218.00 218.00-218.00 218.00 HEIFERS No reportable trade COMMENTS: Just a handful of trade reported in parts of the North, but certainly not enough to establish and accurate trend. 5-AREA LV STR AVE PR&WT: $ No Test HIDE & OFFAL: $11.22 -0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 208.82 199.03 75,548 BOX BASED 215.91 206.00 42,209 AVE INDEX 212.37 -0.90 202.51 -1.30 117,757 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 227.91 -1.89 218.00 -2.67 60.00 LDS CH CUTS / 23.13 LDS SEL CUTS / 12.58 LDS TRIM / 16.94 LDS GROUND BOXED BEEF TREND: Lr on Ch & shply lr on Sel on lt-mod dem & lt offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/18 $222.60 +6.35 CUTTER 90% 350# UP C/O: $173.75 -0.09 NAT'L BONELESS BF TRIM: 28.07 lds / Mod-shrply lr on lt dem & mod offers 90% TRIM: 03 LDS/WT AVG: $218.63 / Weak to lower on a light test *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) TUE 112(221) WK AGO 113(223) YR AGO 109(214) MIX MON SH90/CB19 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