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DTN Cattle Close/Trends 06/01 15:30

1 Jun 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/01/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK T0 DATE: 458 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: 0 WEEK TO DATE: 0 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: 0 WEEK TO DATE: 137 STEERS No reportable trade HEIFERS No reportable trade COMMENTS: Another quiet day with the cash trade at a complete standstill 5-AREA LV STR AVE PR&WT: $122.82(1388)Light Test / HIDE & OFFAL: $11.20 -0.11 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 188.65 172.45 63,622 BOX BASED 210.35 189.17 54,795 AVE INDEX 199.50 +0.58 180.81 -0.02 118,417 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 222.35 +1.01 201.17 -0.20 64.94 LDS CH CUTS / 48.05 LDS SEL CUTS / 12.71 LDS TRIM / 23.61 LDS GROUND BOXED BEEF TREND: Hr on Ch & stdy on Sel on mod dem & lt-mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/27 $215.10 +1.97 CUTTER 90% 350# UP C/O: $172.89 -1.42 NAT'L BONELESS BF TRIM: 54.83 lds / Shrply hr on gd dem & mod offers 90% TRIM: 24 WT AVG: $216.86 / Unevenly steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 112(227) WK AGO 114(334) YR AGO 110(337) MIX: TUE SH91/CB21 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 05/21/16 8,092 3,896 Week Ending: 05/14/16 5,745 5,997 Change from prev week: +2,347 -2,101