DTN Cattle Close/Trends 08/24 15:35
24 Aug 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/24/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 11,516 WEEK T0 DATE: 11,516 STEERS 4,879 114.00-116.00 114.00-116.00 115.01 HEIFERS 4,856 114.00-115.00 114.00-115.00 114.99 NEBRASKA CONFIRMED CASH SALES - TODAY: 16,159 WEEK TO DATE: 16,763 STEERS 3,743 181.00-183.00 181.00-182.00 181.84 HEIFERS 1,896 181.00-183.00 181.00-182.00 181.85 TEXAS CONFIRMED CASH SALES - TODAY: 677 WEEK TO DATE: 677 STEERS 632 115.00-115.00 115.00-115.00 115.00 HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 1,030 WEEK TO DATE: 1,030 STEERS 690 114.50-115.00 114.50-115.00 114.73 HEIFERS 340 114.50-114.50 114.50-114.50 114.50 IOWA CONFIRMED CASH SALES - TODAY: 6,640 WEEK TO DATE: 10,986 STEERS 1,882 181.00-183.00 181.00-182.00 182.14 HEIFERS 1,010 181.00-182.00 181.00-182.00 181.92 COMMENTS: A light to moderate trade developed this afternoon with Southern live trade at mostly 115.00, $3 lr than last week, while Northern dressed business was at mostly 181-183, mostly 182, $5-6 lower than last week's weighted average basis Nebraska. 5-AREA LV STR AVE PR&WT: $114.97(1433) HIDE & OFFAL: $11.13 -0.06 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 174.58 166.18 91,571 BOX BASED 188.32 181.73 49,266 AVE INDEX 181.45 -0.07 173.95 Unchg 140,837 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 200.32 -0.07 193.73 +0.07 71.19 LDS CH CUTS / 34.39 LDS SEL CUTS / 18.29 LDS TRIM / 26.01 LDS GROUND BOXED BEEF TREND: Stdy on lt-mod dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/19 $200.71 +0.64 CUTTER 90% 350# UP C/O: $170.87 -0.97 NAT'L BONELESS BF TRIM: 56.08 lds / Slghtly/modly hr on mod dem & offers 90% TRIM: 27 lds: Wtd Avg $213.68 / Generally steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 113(338) WK AGO 113(339) YR AGO 108(326) MIX: TUE SH91/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 08/13/16 1,889 4,407 Week Ending: 08/06/16 598 3,911 Change from prev week: +1,291 +496