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DTN Cattle Close/Trends 09/16 15:45

16 Sep 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 09/16/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 19,458 WEEK T0 DATE: 19,458 STEERS 8,746 108.00-110.00 108.00-110.00 109.94 HEIFERS 6,540 108.00-110.00 108.00-110.00 109.91 NEBRASKA CONFIRMED CASH SALES - TODAY: 22,734 WEEK TO DATE: 23,726 STEERS 9,323 169.00-170.00 169.00-170.00 170.00 HEIFERS 1,859 170.00-170.00 170.00-170.00 170.00 TEXAS CONFIRMED CASH SALES - TODAY: 5,897 WEEK TO DATE: 5,937 STEERS 3,530 109.00-110.00 109.00-110.00 109.98 HEIFERS 1,091 110.00-110.00 110.00-110.00 110.00 COLORADO CONFIRMED CASH SALES - TODAY: 138 WEEK TO DATE: 138 STEERS No reportable trade HEIFERS 82 110.00-110.00 110.00-110.00 110.00 IOWA CONFIRMED CASH SALES - TODAY: 11,915 WEEK TO DATE: 14,395 STEERS 4,089 169.00-170.00 169.00-170.00 169.86 HEIFERS 1,376 169.00-170.00 169.00-170.00 169.89 COMMENTS: Cattle country turned active Friday as feedlot managers reacted positively to higher packer bids. Northern dressed sales were generally $3-$4 higher than last week at $170. On the other hand, live business in the South advanced as much as $5 at $110 5-AREA LV STR AVE PR&WT: $107.00 (1450) HIDE & OFFAL: $11.38 +0.06 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 154.26 147.26 6,308 BOX BASED 174.20 166.38 60,033 AVE INDEX 164.230 +0.10 156.82 -0.09 66,341 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 186.20 -0.07 178.38 -0.45 48.61 LDS CH CUTS / 28.53 LDS SEL CUTS / 21.24 LDS TRIM / 28.54 LDS GROUND BOXED BEEF TREND: Stdy-Weak/lite-mod demand and offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 09/09 $191.61 -7.30 CUTTER 90% 350# UP C/O: $166.62 +2.28 NAT'L BONELESS BF TRIM: 27.89 lds / Generally steady; lit-mod dem/mod offrs 90% TRIM: 7 lds: Wtd Avg $206.99 / Firm to higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) FRI 109(551) WK AGO 114(458) YR AGO 112(562) MIX: THR SH90/CB22 SAT 53(604) WK AGO 70(528) YR AGO 16(578) 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