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DTN Cattle Close/Trends 06/17 15:45

20 Jun 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/17/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK T0 DATE: 0 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade 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: 71 WEEK TO DATE: 71 STEERS No reportable trade HEIFERS No reportable trade COMMENTS: A very typical Monday with the cash trade at a complete standstill 5-AREA LV STR AVE PR&WT: $119.03(1423) HIDE & OFFAL: $11.50 -0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 183.67 161.32 45,815 BOX BASED 207.57 187.38 54,875 AVE INDEX 195.62 -4.99 174.35 -4.02 100,690 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 219.57 -2.26 199.38 -0.23 62.94 LDS CH CUTS / 32.64 LDS SEL CUTS / 15.64 LDS TRIM / 28.24 LDS GROUND BOXED BEEF TREND: Lr on Ch stdy on Sel on lt-mod dem & offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/17 $213.25 +0.10 CUTTER 90% 350# UP C/O: $173.91 +2.02 NAT'L BONELESS BF TRIM: 52.77 lds / Frm to slghyly hr on mod-gd dem & hvy offer 90% TRIM: 27 WT AVG: $219.05 / Firm to higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) FRI 113 WK AGO 110 YR AGO 110 MIX: FRI SH92/CB21 SAT SH45/CB5 ****** REVISION ** SAT 50(607) ** REVISION ****** 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