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DTN Cattle Close/Trends 06/10 15:30

10 Jun 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/10/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 107 WEEK T0 DATE: 1,086 STEERS 107 128.00-128.00 128.00-128.00 128.00 HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 13,225 WEEK TO DATE: 25,041 STEERS 4,068 200.00-210.00 207.00-210.00 207.91 HEIFERS 1,859 205.00-210.00 205.00-210.00 208.54 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 609 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 220 WEEK TO DATE: 220 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 4,668 WEEK TO DATE: 9,590 STEERS 2,572 207.00-210.00 207.00-210.00 208.93 HEIFERS 287 207.00-207.00 207.00-207.00 207.00 COMMENTS: A light trade was reported in parts of the North with dressed deals ranging from 200.00-210.00, mostly 207.00-210.00, 2-4 Hr than last week's weighted average basis Nebraska. At the time of this close the South had yet to see any significant trade. We will update sales as they come in throughout the afternoon on the Daily Sales Reported to DTN page. 5-AREA LV STR AVE PR&WT: $126.66(1469) HIDE & OFFAL: $11.58 +0.15 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 194.98 176.07 111,266 BOX BASED 215.67 192.30 54,218 AVE INDEX 205.32 +0.12 184.19 +0.45 165,484 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 227.67 +0.82 204.30 +1.46 53.11 LDS CH CUTS / 29.39 LDS SEL CUTS / 03.49 LDS TRIM / 23.16 LDS GROUND BOXED BEEF TREND: Higher on light to moderate demand and offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/03 $213.09 -2.01 CUTTER 90% 350# UP C/O: $174.68 +1.91 NAT'L BONELESS BF TRIM: 09.07 lds / Modly-shrply hr on gd dem & lt offers 90% TRIM: 06 WT AVG: $220.47 / Mostly moderately higher on a light test *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) FRI 110(559) WK AGO 112(448) YR AGO 108(532) MIX: THU SH92/CB22 SAT 32(591) WK AGO 72(520) YR AGO 8(540) 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