DTN Cattle Close/Trends 06/27 15:25

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/27/18 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 11,578 WEEK T0 DATE: 11,578 STEERS 4,138 105.00-106.00 105.00-106.00 105.98 HEIFERS 4,643 105.00-106.00 105.00-106.00 105.99 NEBRASKA CONFIRMED CASH SALES - TODAY: 7,446 WEEK TO DATE: 9,370 STEERS 1,198 168.00-170.00 168.00-170.00 169.43 HEIFERS 419 169.00-170.00 169.00-170.00 169.10 TEXAS CONFIRMED CASH SALES - TODAY: 621 WEEK TO DATE: 621 STEERS 256 106.00-106.00 106.00-106.00 106.00 HEIFERS 365 105.00-106.00 105.00-106.00 105.18 COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 3,148 WEEK TO DATE: 8,606 STEERS 1,365 168.00-170.00 168.00-170.00 168.78 HEIFERS 453 170.00-170.00 170.00-170.00 170.00 COMMENTS: A light to moderate trade developed in most areas with live deals Generally $2 lower than last week, and dressed business roughly $3 to $4 lr Than last week's weighted average basis Nebraska. 5-AREA LV STR AVE PR&WT: $108.00(1400) HIDE&OFFAL: $ 9.58 -0.09 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 165.26 147.02 63,607 BOX BASED 203.30 188.88 41,670 AVE INDEX 184.28 -0.72 167.95 -0.29 105,277 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 215.30 -1.53 200.88 -0.69 64.67 LDS CH CUTS / 28.59 LDS SEL CUTS / 20.11 LDS TRIM / 17.14 LDS GROUND BOXED BEEF TREND: Wk/lr on lt dem & lt-mod offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/22 $212.89 -3.62 CUTTER 90% 350# UP C/O: $175.25 -1.17 NAT'L BONELESS BF TRIM: 66.32 lds / Unevenly stdy on mod dem & offers 90% TRIM: 27 lds: Wtd Avg $220.46 / Weak to slightly lower FI KILL(WTD) WED 119(350) WK AGO 119(357) YR AGO 118(351) MIX: TUE SH91/CB24 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 06/09/18 4,111 3,824 Week Ending: 06/02/18 5,456 3,390 Change from prev week: -1,345 +434