DTN Cattle Close/Trends 12/07 15:35
7 Dec 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/07/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 444 WEEK T0 DATE: 1,303 STEERS 444 111.75-111.75 111.75-111.75 111.75 HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 2,199 WEEK TO DATE: 2,412 STEERS No reportable dressed trade HEIFERS No reportable dressed trade TEXAS CONFIRMED CASH SALES - TODAY: 1,258 WEEK TO DATE: 1,439 STEERS 658 111.75-112.00 111.75-112.00 111.97 HEIFERS 600 111.75-112.00 111.75-112.00 111.94 COLORADO CONFIRMED CASH SALES - TODAY: 116 WEEK TO DATE: 116 STEERS No reportable trade HEIFERS 116 111.00-111.00 111.00-111.00 111.00 IOWA CONFIRMED CASH SALES - TODAY: 40 WEEK TO DATE: 585 STEERS 40 170.00-170.00 170.00-170.00 170.00 HEIFERS No reportable trade COMMENTS: the majority of today's trade was from the Fed Cattle Exchange Auction held this morning. A total of 3,401 head actually sold with a range Of 109.00-112.00, generally $2.00 lower than the previous week. 5-AREA LV STR AVE PR&WT: $111.75(1456) HIDE&OFFAL: $11.74 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 167.08 150.97 95,822 BOX BASED 176.94 159.72 49,505 AVE INDEX 172.01 -0.76 155.34 -0.74 145,327 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 188.94 -1.57 171.72 -1.51 102.31 LDS CH CUTS / 34.93 LDS SEL CUTS / 15.61 LDS TRIM / 38.65 LDS GROUND BOXED BEEF TREND: Lr on lt-mod dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/02 $183.17 +$1.49 CUTTER 90% 350# UP C/O: $153.13 -1.23 NAT'L BONELESS BF TRIM: 96.73 lds / Shrply lr on lt dem & mod/hvy offers 90% TRIM: 42 lds: Wtd Avg $190.22 / Lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 116(347) WK AGO 116(346) YR AGO 111(334) MIX: TUE SH93/CB23 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 11/26/16 426 6,335 Week Ending: 11/19/16 2,065 8,033 Change from prev week: -1,639 -1,698