DTN Cattle Close/Trends 03/31 15:45
31 Mar 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/31/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 15,924 WEEK T0 DATE: 16,164 STEERS 10,229 131.00-133.00 131.00-133.00 132.89 HEIFERS 4,274 131.00-133.00 131.00-133.00 132.95 NEBRASKA CONFIRMED CASH SALES - TODAY: 3,021 WEEK TO DATE: 8,723 STEERS 2,354 214.00-215.00 214.00-215.00 214.16 HEIFERS 457 214.00-215.00 214.00-215.00 214.10 TEXAS CONFIRMED CASH SALES - TODAY: 2,327 WEEK TO DATE: 2,417 STEERS 1,496 133.00-133.00 133.00-133.00 133.00 HEIFERS 612 133.00-133.00 133.00-133.00 133.00 COLORADO CONFIRMED CASH SALES - TODAY: 441 WEEK TO DATE: 441 STEERS 80 133.00-133.00 133.00-133.00 133.00 HEIFERS 248 133.00-133.00 133.00-133.00 133.00 IOWA CONFIRMED CASH SALES - TODAY: 2,917 WEEK TO DATE: 8,087 STEERS 798 214.00-214.00 214.00-214.00 214.00 HEIFERS 1,198 213.00-215.00 213.00-215.00 213.88 COMMENTS: A light to moderate trade developed in the South today with prices generally $3.00 lower than the previous week. While a light trade was reported in parts of the North with prices generally steady with yesterday's decline. 5-AREA LV STR AVE PR&WT: $133.24(1415) HIDE & OFFAL: $11.32 +0.10 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 204.14 193.75 51,893 BOX BASED 208.99 198.48 54,106 AVE INDEX 206.56 -0.75 196.11 -1.41 105,999 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 220.99 -0.88 210.48 -2.20 86.61 LDS CH CUTS / 37.01 LDS SEL CUTS / 11.41 LDS TRIM / 17.61 LDS GROUND BOXED BEEF TREND: Lr on Ch & shrply lr on Sel on lt-mod dem & hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/25 $223.02 +0.42 CUTTER 90% 350# UP C/O: $173.38 +0.09 NAT'L BONELESS BF TRIM: 23.24 lds / Mod/shrply lr on lt dem & mod offers 90% TRIM: 00 LDS/WT AVG: No Test / Unevenly steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 110(431) WK AGO 110(437) YR AGO 103(423) MIX: WED SH89/CB22 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