DTN Cattle Close/Trends 05/16 15:25
16 May 2019
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 05/16/19 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 2,979 WEEK TO DATE: 12,487 STEERS 953 114.00-117.00 114.00-117.00 114.52 HEIFERS 700 114.00-117.00 114.00-117.00 115.14 NEBRASKA CONFIRMED CASH SALES - TODAY: 18,325 WEEK TO DATE: 22,312 STEERS 2,427 184.00-186.00 184.00-186.00 185.27 HEIFERS 1,691 184.00-186.00 184.00-186.00 185.41 TEXAS CONFIRMED CASH SALES - TODAY: 646 WEEK TO DATE: 4,647 STEERS 371 115.00-115.00 115.00-115.00 115.00 HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: NA Conf WEEK TO DATE: NA Conf STEERS Not available due to confidentiality HEIFERS Not available due to confidentiality IOWA CONFIRMED CASH SALES - TODAY: 4,165 WEEK TO DATE: 12,640 STEERS 1,526 185.00-186.00 185.00-186.00 185.65 HEIFERS 190 185.00-186.00 185.00-186.00 185.53 COMMENTS: A light to moderate trade took place in the North at $184 to $186, Mostly $185, roughly $7 lower than last week's weighted average basis Nebraska. Just a little light trade was reported in the South, steady/weak with Yesterday's business. 5-AREA LV STR AVE PR&WT: $116.38(1353) HIDE&OFFAL: $8.31 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED $181.22 $166.32 17,397 BOX BASED $207.56 $195.88 46,086 AVE INDEX $194.39 -1.29 $181.10 -1.36 63,483 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) $219.56 -0.01 $207.88 -0.16 62.86 LDS CH CUTS / 32.84 LDS SEL CUTS / 13.86 LDS TRIM / 35.34 LDS GROUND BOXED BEEF TREND: Steady on moderate demand and offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/10 $220.24 -6.83 CUTTER 90% 350# UP C/O: $172.61 +1.03 NAT'L BONELESS BF TRIM: 34.30 lds / Shrply hr on gd dem & mod offers 90% TRIM: 13 lds: Wtd Avg $223.73 / Steady to firm FI KILL(WTD) THU 121(484) WK AGO 119(481) YR AGO 122(479) MIX: WED SH95/CB26 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 05/04/19 7,625 8,002 Week Ending: 04/27/19 8,120 10,008 Change from prev week: -495 -2,006