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DTN Cattle Close/Trends 09/01 15:40

1 Sep 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 09/01/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,481 WEEK T0 DATE: 14,862 STEERS 1,464 109.00-110.00 109.00-110.00 109.95 HEIFERS 1,017 109.00-110.00 109.00-110.00 109.96 NEBRASKA CONFIRMED CASH SALES - TODAY: 5,788 WEEK TO DATE: 37,251 STEERS 1,135 173.00-175.00 173.00-175.00 174.01 HEIFERS 1,365 173.00-175.00 173.00-175.00 174.20 TEXAS CONFIRMED CASH SALES - TODAY: 971 WEEK TO DATE: 2,505 STEERS 169 110.00-110.00 110.00-110.00 110.00 HEIFERS 648 110.00-110.00 110.00-110.00 110.00 COLORADO CONFIRMED CASH SALES - TODAY: 1,554 WEEK TO DATE: 2,123 STEERS 1,018 110.00-110.00 110.00-110.00 110.00 HEIFERS 465 110.00-110.00 110.00-110.00 110.00 IOWA CONFIRMED CASH SALES - TODAY: 3,810 WEEK TO DATE: 19,532 STEERS 2,483 170.00-175.00 170.00-175.00 174.18 HEIFERS 509 168.00-175.00 168.00-175.00 171.72 COMMENTS: A light trade today with Southern live deals mostly steady With a few instances in KS $1.00 lr. Dressed biz in NE was mostly steady, but IA saw sharply lower dressed trade. 5-AREA LV STR AVE PR&WT: $110.11(1408) HIDE & OFFAL: $11.18 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 163.61 155.31 75,502 BOX BASED 183.74 176.49 54,197 AVE INDEX 173.68 -1.92 165.90 -2.15 129,699 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 195.74 -0.75 188.49 -1.22 76.13 LDS CH CUTS / 39.11 LDS SEL CUTS / 07.88 LDS TRIM / 21.76 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: $168.85 +0.02 NAT'L BONELESS BF TRIM: 41.43 lds / Modly/shrply lr on lt dem & offers 90% TRIM: 11 lds: Wtd Avg $210.79 / Unevenly steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 113(450) WK AGO 113(451) YR AGO 113(443) MIX: WED SH90/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 08/20/16 1,834 5,229 Week Ending: 08/13/16 1,889 4,407 Change from prev week: -55 +822