DTN Cattle Close/Trends 10/27 15:45
27 Oct 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 10/27/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK T0 DATE: 1,965 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 413 WEEK TO DATE: 8,806 STEERS 155 $162.00-$162.00 $162.00-$162.00 $162.00 HEIFERS 82 $162.00-$162.00 $162.00-$162.00 $162.00 TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 926 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 523 WEEK TO DATE: 1,107 STEERS 325 $103.00-$103.00 $103.00-$103.00 $103.00 HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 1,847 WEEK TO DATE: 3,055 STEERS 120 $160.00-$160.00 $160.00-$160.00 $160.00 HEIFERS 114 $160.00-$160.00 $160.00-$160.00 $160.00 COMMENTS: While scattered sales with a firm undertone were reported in parts of the North, the cash trade was not adequately tested as most feedlot managers held for higher asking prices. Meaningful trade volume will be delayed until Friday. 5-AREA LV STR AVE PR&WT: $103.36 (1451) HIDE&OFFAL: $11.60 -0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 148.89 138.20 42,368 BOX BASED 169.54 156.81 54,450 AVE INDEX 159.22 +1.29 147.51 +1.86 96,818 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 181.54 -0.77 168.81 +0.36 65.60 LDS CH CUTS / 53.06 LDS SEL CUTS / 8.43 LDS TRIM / 17.35 LDS GROUND BOXED BEEF TREND: LR on CH/ Firm Sel/lite-mod dem/ mod 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: 35.22 lds / Sharply HR/mod-good dem/lite offers 90% TRIM: 6 lds: Wtd Avg $190.47 / Moderatly-sharply higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THR 113(456) WK AGO 110(455) YR AGO 107(441) MIX: WED SH92/CB23 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