DTN Cattle Close/Trends 05/23 15:25

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/23/16 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: 150 WEEK TO DATE: 150 STEERS 150 126.00-126.00 126.00-126.00 126.00 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: 503 WEEK TO DATE: 503 STEERS 365 196.00-196.00 196.00-196.00 196.00 HEIFERS No reportable trade COMMENTS: Just a few scattered deals reported in TX and IA today, Certainly not enough to establish any kind of a trend. 5-AREA LV STR AVE PR&WT: $128.79(1391) HIDE & OFFAL: $11.17 +0.23 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 195.17 182.19 67,265 BOX BASED 212.32 195.15 41,871 AVE INDEX 203.74 -1.37 188.67 -2.13 109,136 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 224.32 -1.64 207.15 -1.27 56.94 LDS CH CUTS / 31.39 LDS SEL CUTS / 5.57 LDS TRIM / 52.13 LDS GROUND BOXED BEEF TREND: Lower on light to moderate demand and offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/20 $213.13 +8.19 CUTTER 90% 350# UP C/O: $173.91 +0.18 NAT'L BONELESS BF TRIM: 63.11 lds / Mostly frim on mod dem & lt offers 90% TRIM: 33 WT AVG: $218.55 / Generally steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) MON 111 WK AGO 113 YR AGO 2 MIX: FRI SH89/CB21 SAT SH27/CB2 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