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DTN Cattle Close/Trends 08/16 15:35

16 Aug 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/16/16 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: 1,107 WEEK TO DATE: 1,107 STEERS 390 187.00-187.00 187.00-187.00 187.00 HEIFERS No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 220 WEEK TO DATE: 220 STEERS 220 118.00-118.00 118.00-118.00 118.00 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: 540 WEEK TO DATE: 540 STEERS No reportable trade HEIFERS 316 185.00-185.00 185.00-185.00 185.00 COMMENTS: Surprisingly there was a little bit of scattered trade reported This afternoon, but certainly not enough to establish an accurate trend. 5-AREA LV STR AVE PR&WT: $ No Test HIDE & OFFAL: $11.17 +0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 175.70 167.20 93,223 BOX BASED 189.84 180.67 53,595 AVE INDEX 182.77 +0.07 173.93 -0.77 146,818 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 201.84 +0.17 192.67 -1.51 74.52 LDS CH CUTS / 58.45 LDS SEL CUTS / 11.21 LDS TRIM / 19.92 LDS GROUND BOXED BEEF TREND: / Stdy on Ch & lr on Sel on lt-mod dem & mod-hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/12 $200.07 +0.96 CUTTER 90% 350# UP C/O: $172.83 +0.94 NAT'L BONELESS BF TRIM: 29.27 lds / Shrply lr on lt dem & mod offers 90% TRIM: 14 lds; Wtd Avg $216.62 / Moderately higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) TUE 113(226) WK AGO 114(223) YR AGO 110(215) MIX: MON SH93/CB20 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