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DTN Cattle Close/Trends 11/02 15:40

2 Nov 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/02/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,174 WEEK T0 DATE: 1,302 STEERS 733 104.00-106.00 104.00-106.00 105.52 HEIFERS 441 104.00-105.75 104.00-105.75 105.37 NEBRASKA CONFIRMED CASH SALES - TODAY: 1,094 WEEK TO DATE: 1,156 STEERS No reportable dressed trade HEIFERS No reportable dressed trade TEXAS CONFIRMED CASH SALES - TODAY: 617 WEEK TO DATE: 617 STEERS 106 106.00-106.00 106.00-106.00 106.00 HEIFERS 447 105.50-105.75 105.50-105.75 105.67 COLORADO CONFIRMED CASH SALES - TODAY: 201 WEEK TO DATE: 201 STEERS 201 105.75-105.75 105.75-105.75 105.75 HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 451 WEEK TO DATE: 2,336 STEERS No reportable dressed trade HEIFERS No reportable dressed trade COMMENTS: Feedlot country was quiet, but the Fed Cattle Exchange Auction Was held today. 3,492 head sold with a range of 104.00-106.00. 5-AREA LV STR AVE PR&WT: $ No Test HIDE&OFFAL: $11.69 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 153.36 140.78 115,831 BOX BASED 175.44 161.93 44,657 AVE INDEX 164.40 +0.96 151.35 +0.30 160,488 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 187.44 +1.91 173.93 +0.61 57.02 LDS CH CUTS / 30.02 LDS SEL CUTS / 11.95 LDS TRIM / 24.58 LDS GROUND BOXED BEEF TREND: Hr on Ch & frm on Sel on mod-gd dem & lt offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 10/28 $179.72 -$0.07 CUTTER 90% 350# UP C/O: $155.49 -1.31 NAT'L BONELESS BF TRIM: 72.48 lds / Mod/shrply hr on gd dem & mod offers 90% TRIM: 36 lds: Wtd Avg $192.55 / Generally steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 115(346) WK AGO 115(343) YR AGO 112(333) MIX: TUE 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