DTN Cattle Close/Trends 06/03 15:35
3 Jun 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/03/16 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: 802 WEEK TO DATE: 872 STEERS No reportable dressed trade HEIFERS 177 197.00-197.00 197.00-197.00 197.00 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: 1,150 WEEK TO DATE: 1,891 STEERS 286 200.00-205.00 200.00-205.00 201.33 HEIFERS 351 200.00-200.00 200.00-200.00 200.00 COMMENTS: At the time of this close a light to moderate trade had developed In most areas with live deals in the South at 128.00-129.00, $3-4 higher than Last week. Northern dressed deals ranged from 197-207(the 197 early, the 207 Late and to a Regional), $0-9 higher than last week's weighted average basis Nebraska. We will report further sales updates this evening on the Daily Sales Reported to DTN page. 5-AREA LV STR AVE PR&WT: $ No Test HIDE & OFFAL: $11.17 -0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 189.07 172.87 56,979 BOX BASED 210.61 186.36 52,629 AVE INDEX 199.84 -0.22 179.62 -1.40 109,608 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 222.61 -0.67 198.36 -3.05 45.79 LDS CH CUTS / 41.78 LDS SEL CUTS / 04.44 LDS TRIM / 19.79 LDS GROUND BOXED BEEF TREND: Wk on Ch & shrply lr on Sel on lt dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/27 $215.10 +1.97 CUTTER 90% 350# UP C/O: $173.41 -0.28 NAT'L BONELESS BF TRIM: 09.15 lds / Gen stdy on lt-mod dem & lt offers 90% TRIM: 00 WT AVG: $No Test / Weak to lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) FRI 112(448) WK AGO 112(559) YR AGO 104(550) MIX: THU SH88/CB21 SAT 72(520) WK AGO 27(586) YR AGO 4(554) 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