DTN Cattle Close/Trends 05/25 15:30
25 May 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/25/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 63 WEEK T0 DATE: 159 STEERS 63 123.00-123.00 123.00-123.00 123.00 HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,184 WEEK TO DATE: 10,770 STEERS 1,722 190.00-195.00 190.00-195.00 192.51 HEIFERS 285 196.00-196.00 196.00-196.00 196.00 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 1,305 STEERS No reportable trade 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: 168 WEEK TO DATE: 885 STEERS 20 197.00-197.00 197.00-197.00 197.00 HEIFERS No reportable trade COMMENTS: Another round of light trade in NE today with a weighted average of 192.51 compared to last week's weighted average of 204.85. In other areas just a handful of trade was reported in KS and IA. 5-AREA LV STR AVE PR&WT: $124.68(1269)Light Test / HIDE & OFFAL: $11.07 -0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 194.17 181.19 76,697 BOX BASED 211.57 193.08 49,902 AVE INDEX 202.87 -0.07 187.14 -1.09 126,599 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 223.57 +0.30 205.08 -1.74 76.79 LDS CH CUTS / 61.74 LDS SEL CUTS / 10.56 LDS TRIM / 25.28 LDS GROUND BOXED BEEF TREND: Frm on Ch & lr on Sel on lt-mod dem & mod-hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/20 $213.13 +8.19 CUTTER 90% 350# UP C/O: $172.89 -0.53 NAT'L BONELESS BF TRIM: 32.97 lds / lr on lt dem & lt-mod offers 90% TRIM: 12 WT AVG: $216.54 / Lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 111(331) WK AGO 112(335) YR AGO 117(234) MIX: TUE SH90/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 05/14/16 5,745 5,997 Week Ending: 05/07/16 6,555 7,325 Change from prev week: -810 -1,328