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DTN Cattle Close/Trends 03/23 15:25

23 Mar 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/23/16 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: 1,362 WEEK TO DATE: 1,977 STEERS 242 218.00-218.00 218.00-218.00 218.00 HEIFERS 909 218.00-218.00 218.00-218.00 218.00 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: 981 WEEK TO DATE: 1,191 STEERS 534 216.00-218.00 216.00-218.00 216.29 HEIFERS 409 216.00-218.00 216.00-218.00 216.61 COMMENTS: Just a handful of trade reported in parts of the North again today, but certainly not enough to set an accurate trend for the week. 5-AREA LV STR AVE PR&WT: $ No Test HIDE & OFFAL: $11.23 +0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 208.75 198.96 76,536 BOX BASED 214.18 206.15 43,596 AVE INDEX 211.47 -0.90 202.55 +0.04 120,132 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 226.18 -1.73 218.15 +0.15 76.84 LDS CH CUTS / 42.52 LDS SEL CUTS / 20.43 LDS TRIM / 17.86 LDS GROUND BOXED BEEF TREND: Lr on Ch & stdy on Sel on mod dem & mod-hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/18 $222.60 +6.35 CUTTER 90% 350# UP C/O: $173.87 +0.12 NAT'L BONELESS BF TRIM: 63.31 lds / Shrply lr on lt dem & hvy offers 90% TRIM: 14 LDS/WT AVG: $218.36 / Generally steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 106(327) WK AGO 111(334) YR AGO 102(316) MIX TUE SH89/CB23 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 03/12/16 5,084 7,190 Week Ending: 03/05/16 6,776 6,662 Change from prev week: -1,692 +528