DTN Cattle Close/Trends 03/15 15:40
15 Mar 2017
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/15/17 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 21,258 WEEK T0 DATE: 22,833 STEERS 9,786 125.00-128.50 125.00-128.50 127.55 HEIFERS 7,366 126.00-128.50 126.00-128.50 127.40 NEBRASKA CONFIRMED CASH SALES - TODAY: 3,300 WEEK TO DATE: 4,231 STEERS 53 205.00-205.00 205.00-205.00 205.00 HEIFERS 80 205.00-205.00 205.00-205.00 205.00 TEXAS CONFIRMED CASH SALES - TODAY: 1,718 WEEK TO DATE: 1,718 STEERS 1,209 125.75-128.25 125.75-128.25 127.35 HEIFERS 163 125.00-126.25 125.00-126.25 125.84 COLORADO CONFIRMED CASH SALES - TODAY: 290 WEEK TO DATE: 290 STEERS 39 126.00-126.00 126.00-126.00 126.00 HEIFERS 92 128.00-128.00 128.00-128.00 128.00 IOWA CONFIRMED CASH SALES - TODAY: 2,815 WEEK TO DATE: 4,392 STEERS 648 208.00-210.00 208.00-210.00 209.60 HEIFERS 80 206.00-210.00 208.00-210.00 208.00 COMMENTS: A light to moderate trade developed in most areas today with Southern live deals marked from 125.00-128.50, mostly 128.00, generally $4 hr. Northern dressed business ranged from 205.00-210.00, mostly 210.00, about $9 hr than last week's weighted average basis Nebraska. 5-AREA LV STR AVE PR&WT: $123.67(1335) HIDE&OFFAL: $11.83 -0.02 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF AD LIVE BASED 186.10 179.78 92,204 BOX BASED 209.32 201.14 38,127 AVE INDEX 197.71 +0.69 190.46 -0.28 130,331 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 221.32 +1.18 213.14 -0.75 66.57 LDS CH CUTS / 25.18 LDS SEL CUTS / 8.83 LDS TRIM / 17.59 LDS GROUND BOXED BEEF TREND: Hr on Ch & lr on Sel on lt-mod dem & lt offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/10 $207.87 +7.98 CUTTER 90% 350# UP C/O: $168.71 -0.36 NAT'L BONELESS BF TRIM: 59.61 lds / Firm to slightly hr on mod dem & offers 90% TRIM: 15 lds: Wtd Avg $216.44 / Unevenly steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 113(341) WK AGO 115(344) YR AGO 112(336) MIX: TUE SH91/CB21 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 03/04/17 4,723 7,844 Week Ending: 02/25/16 3,708 6,739 Change from prev week: +1,015 +1,105