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DTN Cattle Close/Trends 08/30 15:45

30 Aug 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 08/30/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 5,418 WEEK T0 DATE: 5,418 STEERS 2,941 110.00-110.00 110.00-110.00 110.00 HEIFERS 1,820 110.00-110.00 110.00-110.00 110.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 20,023 WEEK TO DATE: 25,960 STEERS 5,016 173.00-175.00 173.00-175.00 174.88 HEIFERS 1,701 173.00-175.00 173.00-175.00 174.95 TEXAS CONFIRMED CASH SALES - TODAY: 1,391 WEEK TO DATE: 1,391 STEERS 213 110.00-110.00 110.00-110.00 110.00 HEIFERS 787 110.00-110.00 110.00-110.00 110.00 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 169 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 8,822 WEEK TO DATE: 12,178 STEERS 3,635 173.00-175.00 173.00-175.00 174.17 HEIFERS 1,374 174.00-175.00 174.00-175.00 174.54 COMMENTS: A light trade was reported in most areas this morning, with Northern dressed deals generally $6.00-8.00 lower than last week's weighted Average basis Nebraska, while Southern live business was mostly $5.00 lower 5-AREA LV STR AVE PR&WT: $110.28(1399) HIDE & OFFAL: $11.19 -0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 168.90 160.60 87,518 BOX BASED 184.62 179.17 48,410 AVE INDEX 176.76 -1.18 169.89 -0.86 135,928 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 196.62 -1.80 191.17 -1.17 72.09 LDS CH CUTS / 36.99 LDS SEL CUTS / 12.63 LDS TRIM / 23.52 LDS GROUND BOXED BEEF TREND: Lr on lt-mod dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 08/26 $202.50 +1.79 CUTTER 90% 350# UP C/O: $171.93 -0.20 NAT'L BONELESS BF TRIM: 22.14 lds / Modly lr on lt dem & mod offers 90% TRIM: 00 lds: Wtd Avg $No Test/ Moderately to sharply lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) TUE 113(225) WK AGO 113(225) YR AGO 111(221) MIX: MON SH92/CB20 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