DTN Cattle Close/Trends 05/18 15:30
18 May 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/18/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 14,328 WEEK T0 DATE: 14,823 STEERS 8,752 130.00-132.00 130.00-132.00 131.91 HEIFERS 4,399 132.00-132.00 132.00-132.00 132.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 17 WEEK TO DATE: 280 STEERS No reportable trade HEIFERS No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 5,174 WEEK TO DATE: 5,174 STEERS 2,673 131.00-132.00 131.00-132.00 131.83 HEIFERS 1,467 131.00-132.00 131.00-132.00 131.45 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 22 WEEK TO DATE: 879 STEERS No reportable trade HEIFERS No reportable trade COMMENTS: A light to moderate trade developed in parts of the South with the full range at 130-132, mostly 132, roughly .50-1.50 lower than last week. The North remained quiet. 5-AREA LV STR AVE PR&WT: $131.82(1444)Light Test / HIDE & OFFAL: $10.98 -0.27 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 198.25 187.16 122,226 BOX BASED 215.76 200.20 38,253 AVE INDEX 207.00 +1.43 193.68 +0.52 160,479 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 227.76 +2.43 212.20 +0.60 33.90 LDS CH CUTS / 30.65 LDS SEL CUTS / 17.53 LDS TRIM / 25.74 LDS GROUND BOXED BEEF TREND: Shrply hr on Ch & frim on Sel on od dem & lt offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/13 $204.94 +1.24 CUTTER 90% 350# UP C/O: $173.25 +0.18 NAT'L BONELESS BF TRIM: 50.92 lds / Shrply lr on lt dem & hvy offers 90% TRIM: 18 LDS/WT AVG: $217.26 / Steady to firm *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 112(335) WK AGO 112(336) YR AGO 114(340) MIX: TUE SH88/CB22 *** REVISION ** TUE 110(223) ** REVISION *** WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 05/07/16 6,555 7,325 Week Ending: 04/30/16 8,607 8,261 Change from prev week: -89 -399