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DTN Cattle Close/Trends 04/13 15:25

13 Apr 2017
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/13/17 *NOTE: This page will not be updated Friday, June 14, 2017 due to Good Friday* VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 16,188 WEEK T0 DATE: 16,347 STEERS 7,343 123.50-128.50 126.00-128.00 127.79 HEIFERS 5,532 123.50-128.00 126.00-128.00 127.29 NEBRASKA CONFIRMED CASH SALES - TODAY: 25,650 WEEK TO DATE: 26,259 STEERS 8,544 200.00-208.00 205.00-207.00 205.45 HEIFERS 2,498 200.00-208.00 205.00-207.00 203.91 TEXAS CONFIRMED CASH SALES - TODAY: 6,731 WEEK TO DATE: 7,962 STEERS 3,266 127.50-128.00 127.50-128.00 127.97 HEIFERS 667 124.00-128.00 127.00-128.00 127.78 COLORADO CONFIRMED CASH SALES - TODAY: 1,004 WEEK TO DATE: 1,701 STEERS 645 128.00-130.00 128.00-130.00 129.83 HEIFERS 144 129.00-129.00 129.00-129.00 129.00 IOWA CONFIRMED CASH SALES - TODAY: 9,433 WEEK TO DATE: 10,065 STEERS 1,814 200.00-208.00 205.00-207.00 205.71 HEIFERS 675 205.00-208.00 205.00-207.00 206.23 COMMENTS: A light to moderate trade developed in most areas today with Southern live deals ranging from 123.50-128.00, mostly 128.00, $2.00 higher than last week. Northern dress business ranged from 200.00-208.00, mostly 206.00-207.00, roughly $6-7 higher than last week's top. Note that the lower end of the full ranges are for cattle that are for delayed delivery. 5-AREA LV STR AVE PR&WT: $124.67(1316) HIDE&OFFAL: $11.89 +0.03 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF AD LIVE BASED 187.99 177.60 35,300 BOX BASED 198.67 186.76 47,280 AVE INDEX 193.33 +0.37 182.18 +0.16 82,580 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 210.67 +0.54 198.76 +0.12 53.06 LDS CH CUTS / 25.99 LDS SEL CUTS / 5.93 LDS TRIM / 21.01 LDS GROUND BOXED BEEF TREND: Stdy/firm on mod dem & lt-mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/07 $206.96 -7.94 CUTTER 90% 350# UP C/O: $169.78 +1.45 NAT'L BONELESS BF TRIM: 48.14 lds / Hr on mod-frly gd dem & lt-mod offers 90% TRIM: 13 lds: Wtd Avg $217.03 / Sharply higher *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 114(457) WK AGO 110(448) YR AGO 108(441) MIX: WED SH91/CB24 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 04/01/17 7,180 9,060 Week Ending: 03/25/16 7,147 7,237 Change from prev week: +33 +1,823