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DTN Cattle Close/Trends 06/01 15:30

1 Jun 2017
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/01/17 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 15,512 WEEK T0 DATE: 16,118 STEERS 7,294 134.00-137.00 136.00-137.00 136.26 HEIFERS 5,254 133.00-137.00 136.00-137.00 136.19 NEBRASKA CONFIRMED CASH SALES - TODAY: 18,582 WEEK TO DATE: 18,821 STEERS 6,272 214.00-216.00 215.00-216.00 215.24 HEIFERS 1,692 214.00-216.00 215.00-216.00 215.11 TEXAS CONFIRMED CASH SALES - TODAY: 2,880 WEEK TO DATE: 3,172 STEERS 1,638 135.00-135.00 135.00-137.00 136.20 HEIFERS 860 136.00-137.00 136.00-137.00 136.60 COLORADO CONFIRMED CASH SALES - TODAY: 627 WEEK TO DATE: 2,287 STEERS 104 135.00-137.00 135.00-137.00 136.23 HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 7,408 WEEK TO DATE: 7,633 STEERS 3,476 212.00-216.00 212.00-216.00 214.59 HEIFERS 518 215.00-216.00 215.00-216.00 215.08 COMMENTS: A light to moderate trade took place in most areas today with Southern live deals marked at mostly 136-137, $5-6 hr in KS, and $4-5 hr in TX. Dressed business in the North was at mostly 215-216, generally $7-8 hr than Last week's weighted average basis Nebraska. 5-AREA LV STR AVE PR&WT: $129.93(1326)Light Test/HIDE&OFFAL: $11.62 +0.06 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 201.34 177.91 74,593 BOX BASED 233.58 205.22 53,127 AVE INDEX 217.46 -0.06 191.56 -0.56 127,720 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 245.58 +0.04 217.22 -0.96 99.82 LDS CH CUTS / 59.88 LDS SEL CUTS / 8.63 LDS TRIM / 19.23 LDS GROUND BOXED BEEF TREND: Stdy on Ch & lr on Sel on mod dem & hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/26 $235.76 +1.06 CUTTER 90% 350# UP C/O: $178.60 -0.69 NAT'L BONELESS BF TRIM: 62.33 lds / Shrply lr on lt dem & mod offers 90% TRIM: 30 lds: Wtd Avg $229.44 / Generally steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) THU 117(353) WK AGO 115(461) YR AGO 111(341) MIX: WED SH95/CB21 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 05/20/17 1,316 6,188 Week Ending: 05/13/17 2,991 8,934 Change from prev week: -1,675 -2,746