DTN Cattle Close/Trends 05/27 15:30
27 May 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/27/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 755 WEEK T0 DATE: 17,564 STEERS 186 125.00-125.00 125.00-125.00 125.00 HEIFERS 569 125.00-125.00 125.00-125.00 125.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 4,068 WEEK TO DATE: 23,653 STEERS 1,733 195.00-200.00 195.00-200.00 197.27 HEIFERS 746 195.00-202.00 195.00-202.00 197.39 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 4,253 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 315 WEEK TO DATE: 2,018 STEERS No reportable live trade HEIFERS No reportable live trade IOWA CONFIRMED CASH SALES - TODAY: 5,493 WEEK TO DATE: 14,453 STEERS 1,467 198.00-205.00 198.00-205.00 204.69 HEIFERS 414 198.00-205.00 198.00-205.00 204.76 COMMENTS: A light trade developed today in the North with prices ranging From 195.00-205.00, mostly 198.00-205.00, Steady to $7.00 lower than last week, BUT - steady to $8.00 higher than the bulk of yesterday's business. 5-AREA LV STR AVE PR&WT: $124.85(1354) HIDE & OFFAL: $11.15 +0.04 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 188.84 175.86 69,448 BOX BASED 210.07 189.57 55,080 AVE INDEX 199.46 -2.02 182.72 -2.54 124,528 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 222.07 -0.65 201.57 -1.69 60.38 LDS CH CUTS / 31.32 LDS SEL CUTS / 0.00 LDS TRIM / 26.97 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: $174.33 +1.42 NAT'L BONELESS BF TRIM: 14.07 lds / Not fully established 90% TRIM: 08 WT AVG: $218.84 / Firm to higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) FRI 112(559) WK AGO 110(558) YR AGO 116(464) MIX: THU SH92/CB21 SAT 27(586) Wk AGO 29(587) YR AGO 60(525) 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