DTN Cattle Close/Trends 05/24 15:25
24 May 2017
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/24/17 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 1,565 WEEK T0 DATE: 1,565 STEERS 522 131.00-132.75 131.00-132.75 131.73 HEIFERS 637 132.00-132.75 132.00-132.75 132.26 NEBRASKA CONFIRMED CASH SALES - TODAY: 8,829 WEEK TO DATE: 8,829 STEERS 1,561 207.00-209.00 207.00-209.00 208.06 HEIFERS 276 208.00-208.00 208.00-208.00 208.00 TEXAS CONFIRMED CASH SALES - TODAY: 1,820 WEEK TO DATE: 1,820 STEERS 996 132.00-132.50 132.00-132.50 132.33 HEIFERS 628 130.00-132.50 130.00-132.50 131.78 COLORADO CONFIRMED CASH SALES - TODAY: 199 WEEK TO DATE: 199 STEERS 199 132.50-132.50 132.50-132.50 132.50 HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 546 WEEK TO DATE: 672 STEERS 182 209.00-209.00 209.00-209.00 209.00 HEIFERS 27 208.00-208.00 208.00-208.00 208.00 COMMENTS: A light trade was reported today in most areas with Southern Live trade at mostly 132.00, generally $2.00 lower than last week. Northern Dressed business was at 207.00-209.00, mostly 208.00, about $5.00 lower than last week's weighted average basis Nebraska. 5-AREA LV STR AVE PR&WT: $No Test HIDE&OFFAL: $11.47 +0.13 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 204.56 183.11 60,134 BOX BASED 234.08 207.60 44,621 AVE INDEX 219.32 +0.10 195.36 -0.86 104,755 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 246.08 +0.34 219.60 -1.57 68.19 LDS CH CUTS / 47.83 LDS SEL CUTS / 5.94 LDS TRIM / 21.63 LDS GROUND BOXED BEEF TREND: Frm on Ch & lr on Sel on lt-mod dem & offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/19 $234.70 +3.78 CUTTER 90% 350# UP C/O: $176.16 -0.57 NAT'L BONELESS BF TRIM: 35.96 lds / Shrply lr on lt dem & offers 90% TRIM: 15 lds: Wtd Avg $226.61 / Generally steady *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 115(346) WK AGO 114(344) YR AGO 113(334) MIX: TUE SH95/CB22 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 05/13/17 2,991 8,934 Week Ending: 05/06/17 2,032 5,507 Change from prev week: +959 +3,427