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DTN Cattle Close/Trends 03/30 15:40

30 Mar 2017
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 03/30/17 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 3,009 WEEK T0 DATE: 3,913 STEERS 1,059 124.00-128.00 124.00-128.00 125.23 HEIFERS 675 125.00-128.00 125.00-128.00 127.64 NEBRASKA CONFIRMED CASH SALES - TODAY: 3,733 WEEK TO DATE: 6,469 STEERS 1,520 205.00-208.00 205.00-208.00 206.21 HEIFERS 1,164 204.00-206.00 204.00-206.00 205.16 TEXAS CONFIRMED CASH SALES - TODAY: 4,318 WEEK TO DATE: 6,822 STEERS 2,792 125.00-128.00 125.00-128.00 126.85 HEIFERS 1,117 125.00-128.00 125.00-128.00 127.02 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 5,159 WEEK TO DATE: 12,157 STEERS 1,589 205.00-208.00 205.00-208.00 205.74 HEIFERS 687 205.00-209.00 205.00-209.00 206.05 COMMENTS: A light scattered trade was reported today with large price ranges Those differences are due to varying delivery dates. Comparing weighted avgs, KS trade was off about $4.00, TX off just over $3.00, NE off almost $4.00. 5-AREA LV STR AVE PR&WT: $129.93(1406) HIDE&OFFAL: $11.80 -0.08 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF AD LIVE BASED 195.52 186.42 78,149 BOX BASED 203.21 196.05 41,795 AVE INDEX 199.36 -0.91 191.24 -1.15 119,944 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 215.21 -1.71 208.05 -2.21 74.83 LDS CH CUTS / 30.98 LDS SEL CUTS / 8.81 LDS TRIM / 15.49 LDS GROUND BOXED BEEF TREND: Lr/shply lr on lt-mod dem & mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/24 $216.60 +4.01 CUTTER 90% 350# UP C/O: $171.52 +2.06 NAT'L BONELESS BF TRIM: 16.99 lds / modly lr on lt dem & mod offers 90% TRIM: 02 lds: Wtd Avg $220.49 / firm to higher on a light test *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 111(456) WK AGO 115(463) YR AGO 108(429) MIX: WED SH91/CB23 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 03/18/17 4,879 8,721 Week Ending: 03/11/16 3,419 7,142 Change from prev week: +1,460 +1,579