DTN Cattle Close/Trends 10/24 15:45
24 Oct 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/21/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK T0 DATE: 0 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 105 WEEK TO DATE: 739 STEERS No reportable dressed trade HEIFERS No reportable dressed trade COMMENTS: Cash cattle trade was typically quiet as a new week began with both sides focused on the distribution of late-month showlists. Although not well defined, asking price potential seemed to rise through the day thanks to significant gains in live and feeder futures. 5-AREA LV STR AVE PR&WT: $100.48 (1462) HIDE&OFFAL: $11.72 +0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 145.41 134.72 52,283 BOX BASED 168.98 155.17 57,122 AVE INDEX 157.20 +1.78 144.95 +1.30 109,405 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 180.98 +1.20 167.17 +0.44 61.25 LDS CH CUTS / 31.55 LDS SEL CUTS / 10.80 LDS TRIM / 20.84 LDS GROUND BOXED BEEF TREND: Firm-hr on mod to fairly good demand/mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/21 $179.79 -3.42 CUTTER 90% 350# UP C/O: $156.09 +0.87 NAT'L BONELESS BF TRIM: 60.78 lds / Unevenly stdy on moderate demand/offers 90% TRIM: 34 lds: Wtd Avg $193.08 / Firm to higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) MON 114 WK AGO 115 YR AGO 110 MIX: FRI SH82/CB20 SAT SH33/CB12 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 10/08/16 1,515 7,388 Week Ending: 10/01/16 3,308 8,926 Change from prev week: -1.793 -1,538