DTN Cattle Close/Trends 05/17 15:20

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/17/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,229 WEEK T0 DATE: 19,293 STEERS 308 112.00-112.00 112.00-112.00 112.00 HEIFERS 856 112.00-114.00 112.00-114.00 113.01 NEBRASKA CONFIRMED CASH SALES - TODAY: 7,342 WEEK TO DATE: 33,652 STEERS 180 176.00-176.00 176.00-176.00 176.00 HEIFERS No reportable dressed trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 5,645 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 1,150 WEEK TO DATE: 5,277 STEERS 938 112.00-112.00 112.00-112.00 112.00 HEIFERS 212 112.00-112.00 112.00-112.00 112.00 IOWA CONFIRMED CASH SALES - TODAY: 2,022 WEEK TO DATE: 20,894 STEERS 462 180.00-188.00 180.00-188.00 184.72 HEIFERS 135 180.00-180.00 180.00-180.00 180.00 COMMENTS: Light scattered trade, with prices falling lower yet again today. It is hard to tell if business is done for the week or if there will more trade Volume tomorrow. With the plummeting prices no one is eager to report sales. 5-AREA LV STR AVE PR&WT: $114.13(1373) HIDE&OFFAL: $9.68 -0.07 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 181.78 163.06 151,486 BOX BASED 220.68 196.24 47,643 AVE INDEX 201.23 -0.09 179.65 -1.05 199,129 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 232.68 +1.65 208.24 -0.26 52.01 LDS CH CUTS / 56.76 LDS SEL CUTS / 22.79 LDS TRIM / 11.21 LDS GROUND BOXED BEEF TREND: Hr on Ch &wk on Sel on mod/frly gd dem &mod-hvy offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/11 $222.72 +4.98 CUTTER 90% 350# UP C/O: $175.28 +0.93 NAT'L BONELESS BF TRIM: 55.05 lds / Modly lr on lt dem & hvy offers 90% TRIM: 21 lds: Wtd Avg $220.21 / Moderately higher FI KILL(WTD) THU 120(474) WK AGO 119(475) YR AGO 106(455) MIX: WED SH93/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 04/28/18 7,980 6,879 Week Ending: 04/21/18 6,271 5,595 Change from prev week: +1,709 +1,284