DTN Cattle Close/Trends 10/26 15:45

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/26/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 980 WEEK T0 DATE: 980 STEERS 746 $103.00-$104.75 $103.00-$104.75 $103.66 HEIFERS 234 $104.00-$105.00 $104.00-$105.00 $104.19 NEBRASKA CONFIRMED CASH SALES - TODAY: 8,273 WEEK TO DATE: 40 STEERS No reportable dressed trade HEIFERS No reportable dressed trade TEXAS CONFIRMED CASH SALES - TODAY: 926 WEEK TO DATE: 926 STEERS 856 $103.00-$104.00 $103.00-$104.00 $103.78 HEIFERS 70 $104.25-$104.25 $104.25-$104.25 $104.25 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 150 WEEK TO DATE: 502 STEERS No reportable dressed trade HEIFERS No reportable dressed trade COMMENTS: The Fed Cattle Exchange sold several thousand cattle $1-$3 higher ($103-105). Yet the direct country trade remained dead quiet with both bids and asking prices still poorly defined. 5-AREA LV STR AVE PR&WT: $NA HIDE&OFFAL: $11.65 -0.08 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 145.54 134.85 52,249 BOX BASED 170.31 156.45 54,182 AVE INDEX 157.93 +0.20 145.65 -0.16 106,431 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 182.31 +0.24 168.45 +0.47 67.15 LDS CH CUTS / 46.13 LDS SEL CUTS / 15.84 LDS TRIM / 33.84 LDS GROUND BOXED BEEF TREND: Steady/weak on lite-mod dem and offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/21 $179.79 -3.42 CUTTER 90% 350# UP C/O: $154.43 -$1.37 NAT'L BONELESS BF TRIM: 81.34 lds / Firm-mod higher/mod dem; lite offers 90% TRIM: 38 lds: Wtd Avg $190.81 / Mostly slightly-moderately lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 115(343) WK AGO 115(345) YR AGO 111(334) MIX: TUE SH92/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 10/15/16 1,832 8,680 Week Ending: 10/08/16 1,515 7,388 Change from prev week: + 317 +1,292