DTN Cattle Close/Trends 04/27 15:40
27 Apr 2018
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 04/27/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 6,217 WEEK T0 DATE: 13,195 STEERS 2,853 119.00-124.00 119.00-124.00 123.79 HEIFERS 1,549 122.00-124.00 122.00-124.00 123.89 NEBRASKA CONFIRMED CASH SALES - TODAY: 6,824 WEEK TO DATE: 9,884 STEERS 1,017 186.00-195.00 186.00-195.00 190.94 HEIFERS 703 193.00-195.00 193.00-195.00 193.96 TEXAS CONFIRMED CASH SALES - TODAY: 3,573 WEEK TO DATE: 4,282 STEERS 2,042 121.00-124.00 121.00-124.00 122.92 HEIFERS 1,385 122.00-124.00 122.00-124.00 123.73 COLORADO CONFIRMED CASH SALES - TODAY: 148 WEEK TO DATE: 806 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 2,791 WEEK TO DATE: 11,109 STEERS 1,525 192.00-198.00 192.00-198.00 195.66 HEIFERS 15 195.00-195.00 195.00-195.00 195.00 COMMENTS: At the time of this close a light trade had developed mostly in the South with live deals marked at 119.00-124.00, mostly 124.00, $2 hr than the majority of the previous week's business. A light live trade had also developed in parts of the North at 118.00-126.00, mostly 124.00-125.00, $2-3 higher than last week's weighted average basis Nebraska. There was not enough dressed deals reported to establish an accurate trend. 5-AREA LV STR AVE PR&WT: $122.06(1340) HIDE&OFFAL: $ 9.63 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 184.95 172.01 66,502 BOX BASED 209.74 192.32 47,433 AVE INDEX 197.34 +1.09 182.16 +0.22 113,935 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 221.74 +1.59 204.32 -0.16 30.19 LDS CH CUTS / 27.01 LDS SEL CUTS / 8.39 LDS TRIM / 26.11 LDS GROUND BOXED BEEF TREND: Hr on ch & stdy on sel on mod dem & lt offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/20 $210.89 -1.08 CUTTER 90% 350# UP C/O: $173.03 +0.21 NAT'L BONELESS BF TRIM: 21.88 lds / Unevenly stdy on lt dem & offers 90% TRIM: 00 lds: Wtd Avg $No Test/ Moderately to sharply higher FI KILL(WTD) FRI 111(585) WK AGO 114(584) YR AGO 117(586) MIX: THU SH95/CB24 SAT 38(623) WK AGO 40(624) YR AGO 45(630) WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 04/14/18 7,705 6,844 Week Ending: 04/07/18 4,916 5,954 Change from prev week: +2,789 +890