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DTN Cattle Close/Trends 09/08 15:40

8 Sep 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 09/08/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 13,035 WEEK T0 DATE: 13,035 STEERS 8,203 105.00-105.00 105.00-105.00 105.00 HEIFERS 3,380 104.00-105.00 104.00-105.00 104.96 NEBRASKA CONFIRMED CASH SALES - TODAY: 19,547 WEEK TO DATE: 30,109 STEERS 9,771 164.00-168.00 165.00-166.00 166.15 HEIFERS 1,742 165.00-680.00 165.00-168.00 166.16 TEXAS CONFIRMED CASH SALES - TODAY: 231 WEEK TO DATE: 231 STEERS 231 105.00-105.00 105.00-105.00 105.00 HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 1,707 WEEK TO DATE: 1,707 STEERS 1,179 105.00-106.00 105.00-106.00 105.75 HEIFERS 528 105.00-106.00 105.00-106.00 105.38 IOWA CONFIRMED CASH SALES - TODAY: 8,054 WEEK TO DATE: 9,846 STEERS 3,788 165.00-166.00 165.00-166.00 165.68 HEIFERS 1,208 165.00-166.00 165.00-166.00 165.65 COMMENTS: A light to moderate trade developed in most areas today with Southern live deals marked at mostly 105.00, $5 Lr, while Northern dressed biz Was marked at mostly 166.00, $8-9 lr than last week. 5-AREA LV STR AVE PR&WT: $105.88(1369) HIDE & OFFAL: $11.08 +0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 160.65 153.35 50,083 BOX BASED 177.14 170.63 57,287 AVE INDEX 168.90 -1.40 161.99 -1.17 107,370 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 189.14 -1.51 182.63 -1.03 88.96 LDS CH CUTS / 42.18 LDS SEL CUTS / 17.43 LDS TRIM / 18.49 LDS GROUND BOXED BEEF TREND: Lr on lt-mod dem & mod-hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 09/02 $198.91 -3.59 CUTTER 90% 350# UP C/O: $167.16 +1.15 NAT'L BONELESS BF TRIM: 47.67 lds / Unevenly stdy on mod dem & offers 90% TRIM: 14 lds: Wtd Avg $209.22 / Moderately higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 114(344) WK AGO 113(450) YR AGO 115(346) MIX: WED SH92/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 08/27/16 1,354 5,267 Week Ending: 08/20/16 1,834 5,229 Change from prev week: -480 +38