DTN Cattle Close/Trends 07/25 15:55
25 Jul 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 07/25/16 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: 387 WEEK TO DATE: 387 STEERS 35 183.00-183.00 183.00-183.00 183.00 HEIFERS No reportable trade COMMENTS: Activity in feedlot country Monday was limited to the distribution of new showlists. The offerings appears to be somewhat larger. Initial asking prices were not well defined but will certainly be supported by limit gains in cattle futures. 5-AREA LV STR AVE PR&WT: $114.64(1420) HIDE & OFFAL: $11.29 unch CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 171.53 159.35 75,671 BOX BASED 186.59 177.44 53,555 AVE INDEX 179.06 -1.69 168.39 -0.51 129,226 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 198.59 -1.50 189.44 -0.13 70.58 LDS CH CUTS / 27.52 LDS SEL CUTS / 15.76 LDS TRIM / 12.75 LDS GROUND BOXED BEEF TREND: Lr on Ch/stdy on Sel/lit-mod dem & offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/22 $200.56 -3.12 CUTTER 90% 350# UP C/O: $173.34 +0.42 NAT'L BONELESS BF TRIM: 38.54 lds / Wk-Lower on lt dem/heavy offers 90% TRIM: 0 WT AVG: No Test / *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) MON 113 WK AGO 110 YR AGO 105 MIX: FRI 91/CB21 SAT 30/CB4 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 07/04/16 920 3,505 Week Ending: 06/25/16 2,232 4,001 Change from prev week: +379 -2,225