DTN Cattle Close/Trends 04/05 15:30
5 Apr 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/05/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,147 WEEK T0 DATE: 1,147 STEERS 607 132.00-132.00 132.00-132.00 132.00 HEIFERS 540 132.00-132.00 132.00-132.00 132.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 721 WEEK TO DATE: 817 STEERS 391 212.00-212.00 212.00-212.00 212.00 HEIFERS 132 212.00-212.00 212.00-212.00 212.00 TEXAS CONFIRMED CASH SALES - TODAY: 382 WEEK TO DATE: 382 STEERS 152 133.00-133.00 133.00-133.00 133.00 HEIFERS 55 133.00-133.00 133.00-133.00 133.00 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 163 WEEK TO DATE: 197 STEERS No reportable trade HEIFERS No reportable trade COMMENTS: Rather surprisingly a light trade was reported in parts of the South today with prices generally steady to $1.00 lower than the bulk of last week' trade. A few dressed deals were reported in Nebraska about $3.00 lower. 5-AREA LV STR AVE PR&WT: $ No Test HIDE & OFFAL: $11.33 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 201.09 190.90 62,137 BOX BASED 205.70 197.20 57,914 AVE INDEX 203.39 +0.09 194.05 +1.49 120,051 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 217.70 +0.19 209.20 +2.97 99.51 LDS CH CUTS / 38.29 LDS SEL CUTS / 6.58 LDS TRIM / 23.15 LDS GROUND BOXED BEEF TREND: Steady on Choice and sharply higher on Select on Moderate to fairly good demand and moderate to heavy offerings. COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/01 $217.34 -5.68 CUTTER 90% 350# UP C/O: $175.02 +0.85 NAT'L BONELESS BF TRIM: 18.88 lds / Unevenly stdy on lt dem & offers 90% TRIM: 10 LDS/WT AVG: $220.13 / Firm to higher on a light test *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) TUE 112(223) WK AGO 111(210) YR AGO 109(205) MIX: MON SH91/CB20 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