DTN Cattle Close/Trends 05/12 15:25
12 May 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/12/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 12,855 WEEK T0 DATE: 12,855 STEERS 7,118 130.00-134.00 132.00-134.00 132.37 HEIFERS 4,220 130.00-134.00 132.00-134.00 132.46 NEBRASKA CONFIRMED CASH SALES - TODAY: 24,458 WEEK TO DATE: 26,479 STEERS 7,321 200.00-210.00 205.00-210.00 208.90 HEIFERS 2,901 205.00-210.00 205.00-210.00 208.66 TEXAS CONFIRMED CASH SALES - TODAY: 5,125 WEEK TO DATE: 5,125 STEERS 3,669 132.00-134.00 132.00-134.00 133.29 HEIFERS 1,059 132.00-134.00 132.00-134.00 133.09 COLORADO CONFIRMED CASH SALES - TODAY: 1,178 WEEK TO DATE: 1,178 STEERS 566 134.00-135.00 134.00-135.00 134.47 HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 13,228 WEEK TO DATE: 15,392 STEERS 4,470 205.00-210.00 205.00-210.00 208.68 HEIFERS 1,875 205.00-210.00 205.00-210.00 207.14 COMMENTS: A fairly active trade took place in all areas today with sharply higher prices. Northern dressed deals ranged from mostly 205-210, generally 210, a full $10 hr than the previous week. Southern live trade was mostly 132-134, with the majority at 134, $7 hr. From the sounds of things, business just may be essentially done for the week. 5-AREA LV STR AVE PR&WT: $128.00(1450) HIDE & OFFAL: $11.13 -0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 189.17 178.68 88,921 BOX BASED 202.46 193.24 55,625 AVE INDEX 195.81 +0.44 185.96 +1.19 144,546 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 214.46 +0.75 205.24 +2.25 51.89 LDS CH CUTS / 28.51 LDS SEL CUTS / 7.59 LDS TRIM / 24.44 LDS GROUND BOXED BEEF TREND: Hr/shrply hr on mod-frly gd dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/06 $203.70 -7.70 CUTTER 90% 350# UP C/O: $172.24 -1.11 NAT'L BONELESS BF TRIM: 38.42 lds / Gen stdy on lt-mod dem & lt offers 90% TRIM: 06 LDS/WT AVG: $215.88 / Weak to lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 113(449) WK AGO 108(440) YR AGO 115(451) MIX: WED SH91/CB21 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 04/30/16 8,607 8,261 Week Ending: 04/23/16 8,696 8,660 Change from prev week: -89 -399