DTN Cattle Close/Trends 05/20 15:40
20 May 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/20/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: none WEEK T0 DATE: 19,547 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 7,615 WEEK TO DATE: 16,469 STEERS 1,368 204.00-206.00 204.00-206.00 205.05 HEIFERS 2,552 204.00-206.00 204.00-206.00 204.50 TEXAS CONFIRMED CASH SALES - TODAY: none WEEK TO DATE: 10,129 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 1,238 WEEK TO DATE: 4,213 STEERS 796 129.00-130.00 129.00-130.00 129.53 HEIFERS 442 129.00-130.00 129.00-130.00 129.28 IOWA CONFIRMED CASH SALES - TODAY: 3,529 WEEK TO DATE: 10,854 STEERS 1,031 204.00-205.00 204.00-205.00 204.12 HEIFERS 190 204.00-206.00 204.00-206.00 204.27 COMMENTS: Late-week cash trade remains slow to develop with light test limited to Nebraska at $206, $2-$3 below last week. Trade volume totals are very light. 5-AREA LV STR AVE PR&WT: $130.31 (1376) HIDE & OFFAL: $10.94 -0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 196.26 185.17 49,815 BOX BASED 213.96 196.42 36,530 AVE INDEX 205.11 -1.65 190.80 -2.41 86,345 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 225.96 -1.20 208.42 -2.73 39.69 LDS CH CUTS / 22.48 LDS SEL CUTS / 7.52 LDS TRIM / 17.19 LDS GROUND BOXED BEEF TREND: Lower; lite demand; moderate offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/13 $204.94 +1.24 CUTTER 90% 350# UP C/O: $173.73 -0.05 NAT'L BONELESS BF TRIM: 12.69 lds / Higher; mod demand; lite-mod offerings 90% TRIM: No Test WT AVG: $ / Not fully established *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) FRI 110(558) WK AGO 112(561) YR AGO 111(566) MIX: THR SH91/CB22 SAT 29(587) WK AGO 40(601) YR AGO 5(571) 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