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DTN Cattle Close/Trends 06/24 15:35

24 Jun 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/24/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 203 WEEK T0 DATE: 13,949 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 12,639 WEEK TO DATE: 30,600 STEERS 749 186.00-188.00 186.00-188.00 186.87 HEIFERS 484 186.00-188.00 186.00-188.00 187.82 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 4,281 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 481 WEEK TO DATE: 3,160 STEERS 481 116.00-116.00 116.00-116.00 116.00 HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 1,160 WEEK TO DATE: 7,043 STEERS 422 185.00-188.00 185.00-188.00 187.04 HEIFERS 40 188.00-188.00 188.00-188.00 188.00 COMMENTS: A light trade was reported in parts of the North today with prices lower than yesterday's trade, but about steady with Wednesday's business. 5-AREA LV STR AVE PR&WT: $117.69(1386) HIDE & OFFAL: $11.36 -0.21 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 177.41 155.06 50,302 BOX BASED 201.86 185.83 57,097 AVE INDEX 189.64 -1.34 170.45 -0.80 107,399 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 215.46 -1.62 198.34 -0.01 83.05 LDS CH CUTS / 41.12 LDS SEL CUTS / 14.30 LDS TRIM / 15.94 LDS GROUND BOXED BEEF TREND: Lr on Ch & stdy on Sel on lt-mod dem & hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/17 $213.25 +0.10 CUTTER 90% 350# UP C/O: $172.86 -0.19 NAT'L BONELESS BF TRIM: 10.71 lds / Modly hr on lt-mod dem & offers 90% TRIM: 00 WT AVG: $No Test / Unevenly steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) FRI 112(564) WK AGO 113(557) YR AGO 113(552) MIX: THU SH92/CB22 SAT 44(608) WK AGO 50(607) YR AGO 7(559) 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