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DTN Cattle Close/Trends 05/02 15:40

2 May 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/02/16 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: 188 WEEK TO DATE: 188 STEERS 188 188.00-188.00 188.00-188.00 188.00 HEIFERS No reportable trade 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: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade COMMENTS: A very quiet day with the cash trade at a near standstill, Just a few head traded in NE. 5-AREA LV STR AVE PR&WT: $123.09(1413) HIDE & OFFAL: $11.19 +0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 184.32 173.93 82,529 BOX BASED 199.45 190.27 53,554 AVE INDEX 191.89 -1.17 182.10 -1.22 136,083 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 209.77 -1.68 199.96 -2.31 59.17 LDS CH CUTS / 28.39 LDS SEL CUTS / 0.00 LDS TRIM / 23.67 LDS GROUND BOXED BEEF TREND: Lr/Shrply Lr on lt-mod dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/29 $211.40 -4.78 CUTTER 90% 350# UP C/O: $175.33 +0.05 NAT'L BONELESS BF TRIM: 55.78 lds / Not fully established 90% TRIM: 32 LDS/WT AVG: $221.04 / Generally steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) MON 110 WK AGO 110 YR AGO 112 MIX: FRI SH90/CB22 SAT SH27/CB4 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 04/16/16 8,040 9,875 Week Ending: 04/09/16 11,328 7,097 Change from prev week: -3,288 +2,778