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DTN Cattle Close/Trends 06/21 15:30

21 Jun 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/21/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 4,592 WEEK T0 DATE: 4,592 STEERS 2,460 116.00-117.00 116.00-117.00 116.12 HEIFERS 1,658 116.00-117.00 116.00-117.00 116.04 NEBRASKA CONFIRMED CASH SALES - TODAY: 477 WEEK TO DATE: 477 STEERS No reportable dressed trade HEIFERS No reportable dressed trade TEXAS CONFIRMED CASH SALES - TODAY: 66 WEEK TO DATE: 66 STEERS 36 116.00-116.00 116.00-116.00 116.00 HEIFERS 30 116.00-116.00 116.00-116.00 116.00 COLORADO CONFIRMED CASH SALES - TODAY: 120 WEEK TO DATE: 120 STEERS 120 116.00-116.00 116.00-116.00 116.00 HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 459 WEEK TO DATE: 530 STEERS No reportable trade HEIFERS No reportable trade COMMENTS: A light scattered trade was reported at mostly 116.00 today, significantly lower than last week's live weighted averages of 121.09 in KS, 120.21 in TX, and 119.51 in NE. 5-AREA LV STR AVE PR&WT: $ No Test HIDE & OFFAL: $11.49 -0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 183.69 161.33 45,855 BOX BASED 206.15 186.21 59,355 AVE INDEX 194.92 -0.70 173.77 -0.58 105,210 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 218.15 -1.42 198.21 -1.17 67.35 LDS CH CUTS / 66.32 LDS SEL CUTS / 23.27 LDS TRIM / 41.15 LDS GROUND BOXED BEEF TREND: Lr on lt-mod dem & hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/17 $213.25 +0.10 CUTTER 90% 350# UP C/O: $174.10 +0.18 NAT'L BONELESS BF TRIM: 52.70 lds / Mod-shrply lr on mod dem & hvy offers 90% TRIM: 16 WT AVG: $219.62 / Firm *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) TUE 113(226) WK AGO 113(223) YR AGO 114(224) MIX: MON SH92/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