DTN Cattle Close/Trends 03/24 15:25
24 Mar 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/24/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 3,540 WEEK T0 DATE: 3,540 STEERS 1,870 136.00-136.00 136.00-136.00 136.00 HEIFERS 1,340 136.00-136.00 136.00-136.00 136.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 4,974 WEEK TO DATE: 7,425 STEERS 1,594 218.00-218.00 218.00-218.00 218.00 HEIFERS 415 218.00-218.00 218.00-218.00 218.00 TEXAS CONFIRMED CASH SALES - TODAY: 2,387 WEEK TO DATE: 2,387 STEERS 1,376 136.00-136.00 136.00-136.00 136.00 HEIFERS 611 136.00-136.00 136.00-136.00 136.00 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 2,356 WEEK TO DATE: 3,687 STEERS 1,092 216.00-218.00 216.00-218.00 217.93 HEIFERS 342 218.00-218.00 218.00-218.00 218.00 COMMENTS: A light trade was reported in most areas today with Northern dressed deals at mostly 218.00, $5.00 lower than last week's weighted average. Southern live business was at mostly 136.00, $3.00 lower 5-AREA LV STR AVE PR&WT: $136.00(1565)Light Test / HIDE & OFFAL: $11.30 +0.07 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 208.55 198.76 79,658 BOX BASED 212.84 205.31 44,829 AVE INDEX 210.69 -0.78 202.03 -0.52 124,487 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 224.84 -1.34 217.31 -0.84 65.99 LDS CH CUTS / 24.84 LDS SEL CUTS / 9.97 LDS TRIM / 14.07 LDS GROUND BOXED BEEF TREND: Lower on light to moderate demand and offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/18 $222.60 +6.35 CUTTER 90% 350# UP C/O: $173.24 -0.63 NAT'L BONELESS BF TRIM: 32.11 lds / Unevenly stdy on lt dem & mod offers 90% TRIM: 04 LDS/WT AVG: $217.24 / Mostly slightly lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 110(437) WK AGO 108(442) YR AGO 107(423) MIX WED SH83/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