DTN Cattle Close/Trends 06/16 15:35
16 Jun 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/16/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 4,935 WEEK T0 DATE: 7,332 STEERS 1,816 120.00-121.00 120.00-121.00 120.87 HEIFERS 891 121.00-121.00 121.00-121.00 121.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 5,676 WEEK TO DATE: 15,203 STEERS 1,158 193.00-196.00 193.00-196.00 194.28 HEIFERS 1,342 193.00-195.00 193.00-195.00 193.93 TEXAS CONFIRMED CASH SALES - TODAY: 178 WEEK TO DATE: 672 STEERS 178 120.00-120.00 120.00-120.00 120.00 HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 2,769 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 5,366 WEEK TO DATE: 7,693 STEERS 2,054 187.00-196.00 190.00-195.00 191.76 HEIFERS 441 190.00-194.00 190.00-194.00 191.98 COMMENTS: A light trade developed in parts of the North and Kansas, with prices substantially lower than last week's business. Nebraska's weighted average last week was 204.95, compared to today's average of 194.28. Kansas's weekly weighted average last week was 127.92 compared today's total of 120.87. 5-AREA LV STR AVE PR&WT: $121.25(1425) HIDE & OFFAL: $11.63 +0.07 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 193.44 171.18 89,554 BOX BASED 211.48 190.75 52,888 AVE INDEX 202.46 -2.13 180.97 -1.41 142,442 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 223.48 -2.94 202.75 -1.51 80.63 LDS CH CUTS / 39.80 LDS SEL CUTS / 0.00 LDS TRIM / 26.62 LDS GROUND BOXED BEEF TREND: Lr to shrply lr on mod dem & mod-hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/10 $213.15 +0.06 CUTTER 90% 350# UP C/O: $173.19 -0.07 NAT'L BONELESS BF TRIM: 22.39 lds / Not fully established 90% TRIM: 07 WT AVG: $217.68 / Generally steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 109(444) WK AGO 114(449) YR AGO 113(430) MIX: WED SH91/CB21 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