DTN Cattle Close/Trends 12/22 17:45
22 Dec 2016
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 12/22/16 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 23,104 WEEK T0 DATE: 23,376 STEERS 11,499 112.00-116.00 112.00-116.00 115.58 HEIFERS 7,353 113.00-116.00 114.00-116.00 115.74 NEBRASKA CONFIRMED CASH SALES - TODAY: 18,894 WEEK TO DATE: 22,440 STEERS 4,459 180.00-180.00 180.00-180.00 180.00 HEIFERS 2,193 177.00-180.00 180.00-180.00 179.82 TEXAS CONFIRMED CASH SALES - TODAY: 2,701 WEEK TO DATE: 3,194 STEERS 1,398 115.00-116.00 115.00-116.00 115.19 HEIFERS 1,083 115.00-116.00 115.00-116.00 115.38 COLORADO CONFIRMED CASH SALES - TODAY: 1,299 WEEK TO DATE: 1,365 STEERS 259 115.00-116.00 115.00-116.00 115.60 HEIFERS 963 114.00-116.00 114.00-116.00 115.94 IOWA CONFIRMED CASH SALES - TODAY: 13,343 WEEK TO DATE: 15,510 STEERS 5,339 177.00-180.00 177.00-180.00 179.98 HEIFERS 4,239 177.00-810.00 177.00-180.00 179.97 COMMENTS: Feedlot country turned fairly active today as packers reached Higher toward asking prices in order to cover short-term slaughter needs. Dressed sales in the North were generally $6-7 higher while the live market in the South jumped by $3-4. 5-AREA LV STR AVE PR&WT:$112.83(1426) HIDE&OFFAL: $11.90 +0.17 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 163.67 147.66 64,881 BOX BASED 185.61 174.17 42,020 AVE INDEX 174.64 +0.18 160.91 +0.14 106,901 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 197.61 +0.36 186.17 +0.27 43.93 LDS CH CUTS / 32.08 LDS SEL CUTS / 9.56 LDS TRIM / 18.75 LDS GROUND BOXED BEEF TREND: Firm on lgt/mod dem & lgt offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 12/16 $185.30 +$2.46 CUTTER 90% 350# UP C/O: $156.27 +2.63 NAT'L BONELESS BF TRIM: 15.68 lds / Moder/shrply lr on mod dem & lgt offers 90% TRIM: 6 lds: Wtd Avg $195.98 / Shply hr on lgt test *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THR 115(456) WK AGO 114(456) YR AGO 58(396) MIX: WED SH92/CB23 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 12/03/16 237 6,771 Week Ending: 11/26/16 426 6,335 Change from prev week: -189 +436