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DTN Cattle Close/Trends 11/22 15:25

22 Nov 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 11/22/16 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: 117 WEEK TO DATE: 802 STEERS No reportable trade HEIFERS No reportable trade COMMENTS: Another very quiet day with the cash trade at a standstill. 5-AREA LV STR AVE PR&WT: $ No Test HIDE&OFFAL: $11.81 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 159.61 143.96 132.599 BOX BASED 173.22 157.17 65,249 AVE INDEX 166.42 -0.20 150.56 +0.24 197,848 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 185.68 +2.73 168.73 +1.72 47.88 LDS CH CUTS / 32.10 LDS SEL CUTS / 12.63 LDS TRIM / 33.88 LDS GROUND BOXED BEEF TREND: Higher on moderate demand and light offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 11/18 $178.99 -$3.95 CUTTER 90% 350# UP C/O: $154.60 -1.43 NAT'L BONELESS BF TRIM: 62.86 lds / Unevenly stdy on lt dem & offers 90% TRIM: 26 lds: Wtd Avg $191.16 / Moderately to sharply lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) TUE 116(232) WK AGO 116(230) YR AGO 111(221) MIX: MON SH94/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 11/05/16 3,217 7,814 Week Ending: 10/29/16 3,579 6,612 Change from prev week: -362 +1,202