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DTN Cattle Close/Trends 06/09 15:35

9 Jun 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/09/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 723 WEEK T0 DATE: 979 STEERS 198 128.00-128.00 128.00-128.00 128.00 HEIFERS 398 126.00-128.00 126.00-128.00 126.59 NEBRASKA CONFIRMED CASH SALES - TODAY: 1,335 WEEK TO DATE: 3,357 STEERS 54 206.00-206.00 206.00-206.00 206.00 HEIFERS 27 206.00-206.00 206.00-206.00 206.00 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: 748 WEEK TO DATE: 3,757 STEERS 197 204.00-206.00 204.00-206.00 204.32 HEIFERS No reportable trade COMMENTS: Just some scattered trade reported today, but certainly not Enough to establish an accurate trend. 5-AREA LV STR AVE PR&WT: $127.85(1398) HIDE & OFFAL: $11.43 +0.23 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 195.55 176.64 99,953 BOX BASED 214.85 190.84 54,417 AVE INDEX 205.20 +0.65 183.74 +0.92 154,370 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 226.85 +1.75 202.84 +2.29 58.39 LDS CH CUTS / 32.06 LDS SEL CUTS / 11.58 LDS TRIM / 32.07 LDS GROUND BOXED BEEF TREND: Hr-shrply hr on mod-gd dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/03 $213.09 -2.01 CUTTER 90% 350# UP C/O: $172.77 -0.14 NAT'L BONELESS BF TRIM: 27.91 lds / Mostly shrply hr on gd dem & mod offers 90% TRIM: 00 WT AVG: $No Test / Unevenly steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 114(449) WK AGO 109(336) YR AGO 112(424) MIX: WED SH90/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 05/28/16 6,583 2,168 Week Ending: 05/21/16 8,092 3,896 Change from prev week: -1,509 -1,728