DTN Cattle Close/Trends 07/01 15:35
1 Jul 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/01/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 570 WEEK T0 DATE: 27,387 STEERS 200 122.00-122.00 122.00-122.00 122.00 HEIFERS 40 122.00-122.00 122.00-122.00 122.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 15,538 WEEK TO DATE: 57,998 STEERS 5,668 192.00-196.00 192.00-196.00 195.09 HEIFERS 1,823 192.00-196.00 192.00-196.00 194.85 TEXAS CONFIRMED CASH SALES - TODAY: 620 WEEK TO DATE: 8,545 STEERS 320 122.00-122.00 122.00-122.00 122.00 HEIFERS 300 122.00-122.00 122.00-122.00 122.00 COLORADO CONFIRMED CASH SALES - TODAY: 1,480 WEEK TO DATE: 6,579 STEERS 1,380 123.00-123.00 123.00-123.00 123.00 HEIFERS 100 123.00-123.00 123.00-123.00 123.00 IOWA CONFIRMED CASH SALES - TODAY: 4,606 WEEK TO DATE: 29,629 STEERS 1,193 192.00-196.00 192.00-196.00 193.12 HEIFERS 935 194.00-196.00 194.00-196.00 195.00 COMMENTS: Cash trading was limited in the late round to clean-up action in parts of the North with dressed sales of $195-$196 reported, steady with yesterday but nearly $8 higher than last week's weighter average basis Nebraska. 5-AREA LV STR AVE PR&WT:122.52(1430)HIDE & OFFAL: $11.32 -0.10 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 183.84 163.30 125,719 BOX BASED 196.73 181.73 56,744 AVE INDEX 190.28 +2.90 172.51 +2.11 182,463 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 208.73 +0.29 193.73 -1.28 67.55 LDS CH CUTS / 34.57 LDS SEL CUTS / 6.31 LDS TRIM / 29.23 LDS GROUND BOXED BEEF TREND: Stdy to lwr on lgt/moder demand & moder/heavy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/24 $210.46 -2.79 CUTTER 90% 350# UP C/O: $173.99 +2.15 NAT'L BONELESS BF TRIM: 19.03 lds / Higher on moder demand & light/moder offers 90% TRIM: 6 WT AVG: $219.60 / Sharper higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) FRI 112(562) WK AGO 112(564) YR AGO 69(522) MIX: THR SH91/CB22 SAT 36(598) WK AGO 47(611) YR AGO 0(522) MIX: 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