DTN Cattle Close/Trends 01/23 16:35

USDA MARKET NEWS--AFTERNOON CATTLE REPORT 01/23/17 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 0 WEEK T0 DATE: 0 STEERS No reportable trade HEIFERS No reportable trade NEBRASKA CONFIRMED CASH SALES - TODAY: 401 WEEK TO DATE: 401 STEERS No reportable trade HEIFERS No reportable trade TEXAS CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade COLORADO CONFIRMED CASH SALES - TODAY: 0 WEEK TO DATE: 0 STEERS No reportable trade HEIFERS No reportable trade IOWA CONFIRMED CASH SALES - TODAY: 23 WEEK TO DATE: 23 STEERS No reportable trade HEIFERS No reportable trade COMMENTS: The cattle trade was typically slow for a Monday with packers focusing exclusively on the collection of new showlists. NOTE: see the full weekly summaries below. 5-AREA LV STR AVE PR&WT: $123.04(1311) HIDE&OFFAL: $11.92 -0.01 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 180.16 174.94 96,830 BOX BASED 179.77 174.83 41,699 AVE INDEX 179.96 +1.39 174.89 +2.03 138,529 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 191.77 +1.35 186.83 +0.19 50.81 LDS CH CUTS / 19.21 LDS SEL CUTS / 12.80 LDS TRIM / 17.21 LDS GROUND BOXED BEEF TREND: Hr on Choice/stdy on Select on lgt/mod dem/offers COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/20 $191.99 -1.20 CUTTER 90% 350# UP C/O: $161.56 -2.42 NAT'L BONELESS BF TRIM: 56.91 lds / Mod hr on mod dem/lgt offers 90% TRIM: 29 lds: Wtd Avg $204.50 / Mod to shrply lr *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) MON 115 WK AGO 69 YR AGO 111 MIX: FRI SH91/CB21 SAT SH34/CB14 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 01/07/17 228 3,914 Week Ending: 12/31/16 598 1,913 Change from prev week: -370 +2,001 WEEKLY DIRECT SLAUGHTER CATTLE - FOR THE WEEK ENDING: 01/20 WT AV LV % CH PRICE RANGE VOLUME WT AV DR % CH PRICE RANGE VOL KANSAS FORMULA/FORWARD 72,940 / WTD 22,415 / WEEKLY TOTAL 95,355 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 121.96 TOTAL 120.75-122.00 9,252 193.22 TOTAL 192.50-195.00 265 STEERS - LIVE DELIVERED STEERS - DRESSED FOB No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 121.91 TOTAL 120.00-122.00 8,508 195.00 TOTAL 195.00-195.00 88 HEIFERS - LIVE DELIVERED HEIFERS - DRESSED FOB No reportable trade No reportable trade NEBRASKA FORMULA/FORWARD 42,166 / WTD 41,080 / WEEKLY TOTAL 83,246 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 121.70 TOTAL 120.00-122.50 10,537 195.00 TOTAL 193.00-196.00 10,924 STEERS - LIVE DELIVERED STEERS - DRESSED FOB No reportable trade 195.00 TOTAL 195.00-195.00 1,121 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 121.61 TOTAL 120.00-122.50 8,312 194.95 TOTAL 193.00-195.00 5,102 HEIFERS - LIVE DELIVERED HEIFERS - DRESSED FOB No reportable trade No reportable trade TEXAS FORMULA/FORWARD 64,138 / WTD 8,299 / WEEKLY TOTAL 72,437 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 122.17 TOTAL 120.50-123.00 6,447 No reportable trade STEERS - LIVE DELIVERED STEERS - DRESSED FOB No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 122.51 TOTAL 122.00-123.00 847 No reportable trade HEIFERS - LIVE DELIVERED HEIFERS - DRESSED FOB No reportable trade No reportable trade SEE FRIDAY'S DAILY DIRECT SLAUGHTER CATTLE NEGOTIATED PURCHASES SUMMARIES BELOW DTN COMMENTS: Formula totals for last week were mixed, smaller in Kansas and Nebraska, but larger in Texas: KS 72,940(-8,581), NE 42,166(-10,923, TX 64,138(+1,407). Total trade volume were also mixed, larger in Kansas and Texas and about steady in Nebraska: KS 95,355(+1,795), NE 83,246(-530), TX 72,437(+3,208). DAILY DIRECT SLAUGHTER CATTLE-NEGOTIATED PURCHASES-SUMMARY **Summary includes trade from 1:30 PM the previous day through 9:30 AM today.** KANSAS CONFIRMED CASH SALES: 193 WEEK TO DATE: 22,415 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 122.00 80+ 122.00-122.00 153 No reportable trade 122.00 TOTAL 122.00-122.00 153 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED No reportable trade No reportable trade NEBRASKA CONFIRMED CASH SALES: 1,416 WEEK TO DATE: 41,080 STEERS - LIVE FOB STEERS - DRESSED DELIVERED No reportable trade 195.00 65-80 195.00-195.00 207 195.00 35-65 195.00-195.00 160 195.00 TOTAL 195.00-195.00 367 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED No reportable trade 195.00 80+ 195.00-195.00 104 195.00 65-80 195.00-195.00 890 195.00 TOTAL 195.00-195.00 994 TEXAS CONFIRMED CASH SALES: 0 WEEK TO DATE: 8,299 STEERS - LIVE FOB STEERS - DRESSED DELIVERED No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED No reportable trade No reportable trade COLORADO CONFIRMED CASH SALES: 0 WEEK TO DATE: 9,675 STEERS - LIVE FOB STEERS - DRESSED DELIVERED No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED No reportable trade No reportable trade IOWA CONFIRMED CASH SALES: 1,004 WEEK TO DATE: 26,254 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 120.73 80+ 120.00-121.00 74 193.00 80+ 193.00-193.00 261 120.73 TOTAL 120.00-121.00 74 193.00 TOTAL 193.00-193.00 261 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 120.78 80+ 120.00-122.00 204 194.00 80+ 194.00-194.00 40 120.78 TOTAL 120.00-122.00 204 194.00 TOTAL 194.00-194.00 40