DTN Cattle Close/Trends 05/24 15:35

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/24/16 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: 1,044 WEEK TO DATE: 6,744 STEERS 569 196.00-196.00 196.00-196.00 196.00 HEIFERS 285 196.00-196.00 196.00-196.00 196.00 TEXAS CONFIRMED CASH SALES - TODAY: 1,155 WEEK TO DATE: 1,305 STEERS 1,043 125.00-125.00 125.00-125.00 125.00 HEIFERS 112 125.00-125.00 125.00-125.00 125.00 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 74 WEEK TO DATE: 680 STEERS 74 196.00-196.00 196.00-196.00 196.00 HEIFERS No reportable trade COMMENTS: Just a few scattered deals reported in today, but certainly not enough to establish any kind of a trend. 5-AREA LV STR AVE PR&WT: $126.00(1300)Light Test / HIDE & OFFAL: $11.12 -0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 194.62 181.64 73,044 BOX BASED 211.27 194.82 44,911 AVE INDEX 202.94 -0.80 188.23 -0.44 117,955 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 223.27 -1.05 206.82 -0.33 58.38 LDS CH CUTS / 49.58 LDS SEL CUTS / 15.22 LDS TRIM / 30.27 LDS GROUND BOXED BEEF TREND: Wk/Lr on lt-mod dem & offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/20 $213.13 +8.19 CUTTER 90% 350# UP C/O: $173.42 -0.49 NAT'L BONELESS BF TRIM: 26.04 lds / Stdy on mod dem & offers 90% TRIM: 05 WT AVG: $217.77 / Weak *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) TUE 112(220) WK AGO 110(223) YR AGO 115(117) MIX: MON SH87/CB21 ***** REVISION ** MON 108 ** 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