DTN Cattle Close/Trends 10/12 15:35
12 Oct 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/12/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 7,649 WEEK T0 DATE: 9,068 STEERS 4,182 99.00-99.25 99.00-99.25 99.09 HEIFERS 2,598 98.00-99.75 99.00-99.25 98.12 NEBRASKA CONFIRMED CASH SALES - TODAY: 6,868 WEEK TO DATE: 8,318 STEERS 2,417 153.00-155.00 153.00-155.00 154.35 HEIFERS 1,388 154.00-155.00 154.00-155.00 154.17 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 380 WEEK TO DATE: 380 STEERS No reportable live trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 5,107 WEEK TO DATE: 7,260 STEERS 2,840 154.00-156.00 154.00-156.00 154.32 HEIFERS 529 154.00-156.00 154.00-156.00 154.54 COMMENTS: A light trade in parts of KS, NE & IA today with Northern dressed Business mostly $4-5 lr than last week's weighted average basis NE. Southern Live trade was generally $3.00 lr. 5-AREA LV STR AVE PR&WT: $98.00(1430) HIDE&OFFAL: $11.47 -0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 147.72 137.43 85,155 BOX BASED 169.50 160.18 61,978 AVE INDEX 158.61 -0.92 148.81 -0.36 147,133 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 181.50 -1.68 172.18 -0.57 83.86 LDS CH CUTS / 45.55 LDS SEL CUTS / 33.05 LDS TRIM / 28.44 LDS GROUND BOXED BEEF TREND: Wk/Lr on lt-mod dem & mod-hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/07 $186.22 -1.56 CUTTER 90% 350# UP C/O: $155.84 -1.95 NAT'L BONELESS BF TRIM: 104.61 lds/ Slightly lor on lt-mod dem & hvy offers 90% TRIM: 46 lds: Wtd Avg $192.67 / Moderately to sharply lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 114(344) WK AGO 111(337) YR AGO 112(335) MIX: TUE SH92/CB23 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 10/01/16 3,308 8,926 Week Ending: 09/24/16 2,161 9,198 Change from prev week: +1,147 -272