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DTN Cattle Close/Trends 04/07 15:40

7 Apr 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/07/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 18,261 WEEK T0 DATE: 23,711 STEERS 8,731 132.00-134.00 133.00-134.00 133.48 HEIFERS 6,485 132.00-134.00 133.00-134.00 133.43 NEBRASKA CONFIRMED CASH SALES - TODAY: 8,120 WEEK TO DATE: 10,840 STEERS 3,366 213.00-215.00 214.00-215.00 214.42 HEIFERS 1,722 212.00-215.00 214.00-215.00 213.92 TEXAS CONFIRMED CASH SALES - TODAY: 3,919 WEEK TO DATE: 6,540 STEERS 1,442 133.00-134.00 133.00-134.00 133.82 HEIFERS 1,925 133.00-134.00 133.00-134.00 133.06 COLORADO CONFIRMED CASH SALES - TODAY: 203 WEEK TO DATE: 398 STEERS 120 134.00-134.00 134.00-134.00 134.00 HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 6,289 WEEK TO DATE: 6,915 STEERS 1,955 214.00-215.00 214.00-215.00 214.30 HEIFERS 1,028 214.00-215.00 214.00-215.00 214.44 COMMENTS: A light to moderate trade developed in most areas today. Southern live business was marked at mostly 133-134, steady to $1.00 hr than Both yesterday and a week ago. Northern dressed deals ranged from mostly 214.00-215.00, a few 216.00 late, $1.00 lr to $1 hr than last week, but $2-3 higher than Tuesday & Wednesday. 5-AREA LV STR AVE PR&WT: $133.21(1372) HIDE & OFFAL: $11.40 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 200.24 190.05 59,245 BOX BASED 202.74 193.91 63,722 AVE INDEX 201.49 -1.09 191.98 -1.01 122,967 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 214.74 -1.67 205.91 -1.52 120.31 LDS CH CUTS / 38.90 LDS SEL CUTS / 13.46 LDS TRIM / 33.44 LDS GROUND BOXED BEEF TREND: Lr on lt-mod dem & mod-hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/01 $217.34 -5.68 CUTTER 90% 350# UP C/O: $173.57 -1.64 NAT'L BONELESS BF TRIM: 53.00 lds / Shrply lr on lt dem & mod offers 90% TRIM: 09 LDS/WT AVG: $217.63 / Mostly moderately to sharply lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 105(436) WK AGO 110(431) YR AGO 98(409) MIX: WED SH87/CB21 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 03/26/16 12,791 7,945 Week Ending: 03/19/16 11,750 7,822 Change from prev week: +1,041 +123