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DTN Cattle Close/Trends 08/18 15:35

18 Aug 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/18/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 13,975 WEEK T0 DATE: 14,287 STEERS 7,138 117.00-118.00 117.00-118.00 117.95 HEIFERS 5,360 117.00-118.00 117.00-118.00 117.90 NEBRASKA CONFIRMED CASH SALES - TODAY: 16,456 WEEK TO DATE: 22,852 STEERS 2,755 186.00-187.00 186.00-187.00 186.28 HEIFERS 1,107 185.00-187.00 185.00-187.00 186.34 TEXAS CONFIRMED CASH SALES - TODAY: 5,598 WEEK TO DATE: 6,353 STEERS 3,432 117.00-118.50 117.00-118.00 117.97 HEIFERS 1,543 117.00-118.00 117.00-118.00 117.97 COLORADO CONFIRMED CASH SALES - TODAY: 5,995 WEEK TO DATE: 6,248 STEERS 2,880 118.00-118.00 118.00-118.00 118.00 HEIFERS 1,574 118.00-118.00 118.00-118.00 118.00 IOWA CONFIRMED CASH SALES - TODAY: 9,995 WEEK TO DATE: 20,884 STEERS 2,267 185.00-187.00 185.00-187.00 185.37 HEIFERS 1,597 185.00-186.00 185.00-186.00 185.33 COMMENTS: A light to moderate trade developed today with Southern live Deals generally $1.00 Lr at mostly 118.00. Northern dressed business came in Steady to $1.00 lower compared to last week's weighted average basis Nebraska. 5-AREA LV STR AVE PR&WT: $117.09(1398) HIDE & OFFAL: $11.12 +0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 175.63 167.13 107,369 BOX BASED 188.86 182.13 50,483 AVE INDEX 182.24 -0.53 174.63 +0.70 157,852 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 200.86 -0.89 194.13 +1.00 60.23 LDS CH CUTS / 24.36 LDS SEL CUTS / 12.46 LDS TRIM / 22.17 LDS GROUND BOXED BEEF TREND: Lr on Ch & hr on Sel w/lt-mod dem & offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/12 $200.07 +0.96 CUTTER 90% 350# UP C/O: $171.13 +0.18 NAT'L BONELESS BF TRIM: 44.88 lds / Lr on lt dem & mod offers 90% TRIM: 17 lds; Wtd Avg $213.68 / Steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 113(452) WK AGO 113(449) YR AGO 108(431) MIX: WED SH91/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 08/06/16 598 3,911 Week Ending: 07/30/16 817 3,638 Change from prev week: -219 +273