DTN Cattle Close/Trends 08/11 15:40
11 Aug 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/11/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 113 WEEK T0 DATE: 113 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 3,208 WEEK TO DATE: 3,670 STEERS 2,830 186.00-187.00 186.00-187.00 186.82 HEIFERS 378 186.00-187.00 186.00-187.00 186.39 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: 5,362 WEEK TO DATE: 5,973 STEERS 2,677 185.00-188.00 185.00-188.00 186.70 HEIFERS 556 185.00-187.00 185.00-187.00 185.84 COMMENTS: A very light trade was reported in parts of the North today at Mostly 187.00, generally $1.00 lower than last week's weighted average basis Nebraska. The South remained at a complete standstill. 5-AREA LV STR AVE PR&WT: $115.80(1430) HIDE & OFFAL: $11.19 +0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 176.26 167.46 92,751 BOX BASED 189.58 180.82 49,934 AVE INDEX 182.92 +0.35 174.14 +0.37 142,685 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 201.58 +0.71 192.82 +0.77 61.07 LDS CH CUTS / 27.29 LDS SEL CUTS / 13.48 LDS TRIM / 22.70 LDS GROUND BOXED BEEF TREND: Firm to higher on moderate demand & offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/05 $199.11 -0.08 CUTTER 90% 350# UP C/O: $171.89 +1.21 NAT'L BONELESS BF TRIM: 50.01 lds / Wk/slightly lr on lt dem & mod offers 90% TRIM: 17 lds; Wtd Avg $215.05 / Firm to higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 113(449) WK AGO 113(449) YR AGO 110(432)MIX: WED SH91/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 07/30/16 817 3,638 Week Ending: 07/23/16 1,340 4,430 Change from prev week: -523 -792