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DTN Cattle Close/Trends 06/15 15:20

15 Jun 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/15/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,662 WEEK T0 DATE: 1,662 STEERS 650 123.00-123.00 123.00-123.00 123.00 HEIFERS 891 123.00-123.00 123.00-123.00 123.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 2,348 WEEK TO DATE: 2,707 STEERS 1,703 197.00-198.00 197.00-198.00 197.74 HEIFERS 50 198.00-198.00 198.00-198.00 198.00 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 65 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 2,584 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 318 WEEK TO DATE: 831 STEERS 158 197.00-197.00 197.00-197.00 197.00 HEIFERS 160 198.00-198.00 198.00-198.00 198.00 COMMENTS: A very light trade was reported today with most prices sharply Lower than last week's weighted averages of 204.95 dressed in NE and 127.92 live both KS & TX. 5-AREA LV STR AVE PR&WT: $124.54(1393) HIDE & OFFAL: $11.56 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 194.76 172.50 80,366 BOX BASED 214.42 192.26 51,917 AVE INDEX 204.59 -1.07 182.38 -0.02 132,283 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 226.42 -1.92 204.26 +0.19 79.58 LDS CH CUTS / 28.19 LDS SEL CUTS / 22.36 LDS TRIM / 40.27 LDS GROUND BOXED BEEF TREND: Lr on Ch & dtdy on Sel on lt-mod dem & offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/10 $213.15 +0.06 CUTTER 90% 350# UP C/O: $173.24 -1.08 NAT'L BONELESS BF TRIM: 76.84 lds / Unevenly stdy on mod dem & hvy offers 90% TRIM: 37 WT AVG: $217.60 / Mostly moderately lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 112(335) WK AGO 112(335) YR AGO 94(317) MIX: TUE SH91/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 06/04/16 4,853 1,738 Week Ending: 05/28/16 6,583 2,168 Change from prev week: -1,730 -430