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DTN Cattle Close/Trends 05/09 15:35

9 May 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/09/16 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: 0 WEEK TO DATE: 0 STEERS No reportable trade 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 Monday with the cash trade at a complete standstill 5-AREA LV STR AVE PR&WT: $126.86(1472) HIDE & OFFAL: $11.13 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 188.68 178.19 86,948 BOX BASED 195.57 182.94 74,596 AVE INDEX 192.13 +6.04 180.57 +4.39 161,544 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 207.57 +3.83 194.94 +0.62 85.67 LDS CH CUTS / 29.46 LDS SEL CUTS / 8.63 LDS TRIM / 28.42 LDS GROUND BOXED BEEF TREND: Sharply higher on Choice and firm on Select on Moderate to fairly good demand and moderate to heavy offerings. COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/06 $203.70 -7.70 CUTTER 90% 350# UP C/O: $174.67 +0.58 NAT'L BONELESS BF TRIM: 58.52 lds / Modly/shrply lr on mod dem & lt offers 90% TRIM: 27 LDS/WT AVG: $220.35 / Steady to firm *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) MON 110 WK AGO 110 YR AGO 114 MIX: FRI SH91/CB21 SAT SH33/CB2 ****** REVISION ** SAT 35(587) ** REVISION ******* WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 04/23/16 8,696 8,660 Week Ending: 04/16/16 8,040 9,875 Change from prev week: +656 -1,215