DTN Cattle Close/Trends 06/30 15:53
30 Jun 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/30/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 11,325 WEEK T0 DATE: 13,290 STEERS 6,477 120.00-122.00 120.00-122.00 121.77 HEIFERS 2,372 122.00-122.00 122.00-122.00 122.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 4,754 WEEK TO DATE: 4,766 STEERS 1,860 195.00-195.00 195.00-195.00 195.00 HEIFERS 555 195.00-196.00 195.00-195.00 195.07 TEXAS CONFIRMED CASH SALES - TODAY: 640 WEEK TO DATE: 640 STEERS 409 122.00-122.00 122.00-122.00 122.00 HEIFERS 51 120.00-120.00 120.00-120.00 120.00 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 183 STEERS 183 122.00-122.00 122.00-122.00 122.00 HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 6,638 WEEK TO DATE: 7,306 STEERS 2,095 194.00-195.00 194.00-195.00 194.77 HEIFERS 1,714 193.00-196.00 193.00-195.00 194.55 COMMENTS: Light to moderate trade volume developed today at sharply higher prices. Further trade volume is expected on Friday. 5-AREA LV STR AVE PR&WT: NA HIDE & OFFAL: $11.42 unchgd CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 178.32 157.78 38,841 BOX BASED 196.44 183.01 55,366 AVE INDEX 187.38 +0.55 170.40 +0.18 94,207 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 208.44 -0.13 195.01 -0.87 67.91 LDS CH CUTS / 33.47 LDS SEL CUTS / 6.36 LDS TRIM / 11.28 LDS GROUND BOXED BEEF TREND: Stdy to weak on moder demand & offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/24 $210.46 -2.79 CUTTER 90% 350# UP C/O: $171.84 -0.52 NAT'L BONELESS BF TRIM: 22.61 lds / Firm on moder demand & lgt to moder offers 90% TRIM: 5 WT AVG: $216.40 / Steady to weak *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THR 113(450) WK AGO 114(452) YR AGO 113(453) MIX: WED SH92/CB21 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 06/18/16 2,409 3,733 Week Ending: 06/04/16 4,853 1,738 Change from prev week: -263 -88