DTN Cattle Close/Trends 03/08 15:35
8 Mar 2017
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/08/17 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 7,555 WEEK T0 DATE: 10,340 STEERS 2,970 123.75-125.00 124.00-125.00 124.73 HEIFERS 2,418 122.00-125.00 124.00-125.00 124.58 NEBRASKA CONFIRMED CASH SALES - TODAY: 6,762 WEEK TO DATE: 7,934 STEERS 1,730 200.00-200.00 200.00-200.00 200.00 HEIFERS 927 198.00-202.00 200.00-202.00 199.72 TEXAS CONFIRMED CASH SALES - TODAY: 4,354 WEEK TO DATE: 4,354 STEERS 3,170 123.00-125.00 124.00-125.00 124.62 HEIFERS 800 122.00-125.00 124.00-125.00 123.94 COLORADO CONFIRMED CASH SALES - TODAY: 1,595 WEEK TO DATE: 1,595 STEERS 566 125.00-125.00 125.00-125.00 125.00 HEIFERS 1,029 125.00-125.00 125.00-125.00 125.00 IOWA CONFIRMED CASH SALES - TODAY: 426 WEEK TO DATE: 1,254 STEERS 36 200.00-200.00 200.00-200.00 200.00 HEIFERS 80 200.00-200.00 200.00-200.00 200.00 COMMENTS: A light trade was reported in most areas today with Southern live deals ranging from 124.00-125.00, mostly 125.00 generally steady with last week's biz. Northern dressed trade was at 200.00-202.00, generally steady to $2.00 higher than last week's weighted average basis Nebraska. 5-AREA LV STR AVE PR&WT: $122.44(1419) HIDE&OFFAL: $11.87 -0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF AD LIVE BASED 184.62 180.20 106,757 BOX BASED 201.61 195.29 45,004 AVE INDEX 193.12 +0.86 187.74 +1.17 151,761 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 213.61 +1.61 207.29 +2.24 68.27 LDS CH CUTS / 24.61 LDS SEL CUTS / 11.29 LDS TRIM / 25.73 LDS GROUND BOXED BEEF TREND: Hr/shrply hr on mod-gd dem & lt-mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/03 $199.89 +6.33 CUTTER 90% 350# UP C/O: $167.16 +0.76 NAT'L BONELESS BF TRIM: 56.51 lds / Modly-shrply hr on mod-gd dem & mod offer 90% TRIM: 16 lds: Wtd Avg $214.07 / Firm to moderately higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 115(344) WK AGO 115(346) YR AGO 112(327) MIX: TUE SH92/CB23 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 02/25/17 3,708 6,739 Week Ending: 02/18/16 2,263 7,209 Change from prev week: +1,445 -470