DTN Cattle Close/Trends 02/01 15:55
1 Feb 2017
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 02/01/17 VOLUME USDA TOTAL RANGE DTN PRACTICAL RANGE WT AVG KANSAS CONFIRMED CASH SALES - TODAY: 12,865 WEEK T0 DATE: 12,865 STEERS 7,277 118.00-119.50 119.00-119.00 118.96 HEIFERS 3,085 119.00-119.00 119.00-119.00 119.00 NEBRASKA CONFIRMED CASH SALES - TODAY: 5,238 WEEK TO DATE: 6,055 STEERS 646 190.00-190.00 190.00-190.00 190.00 HEIFERS 129 190.00-190.00 190.00-190.00 190.00 TEXAS CONFIRMED CASH SALES - TODAY: 5,447 WEEK TO DATE: 5,447 STEERS 2,835 119.00-119.50 119.00-119.00 119.05 HEIFERS 2,031 118.00-119.25 119.00-119.00 119.00 COLORADO CONFIRMED CASH SALES - TODAY: 3,623 WEEK TO DATE: 3,623 STEERS 2,479 118.50-119.00 118.50-119.00 118.82 HEIFERS 1,144 119.00-119.00 119.00-119.00 119.00 IOWA CONFIRMED CASH SALES - TODAY: 4,367 WEEK TO DATE: 6,385 STEERS 1,566 189.00-190.00 189.00-190.00 189.98 HEIFERS 913 190.00-190.00 190.00-190.00 190.00 COMMENTS: Alight trade developed in most areas today with Northern dressed Deals at mostly 190.00, $3.50 lower than last week's weighted average basis NE. Southern live business was at mostly 119.00, generally $3.00 lower. 5-AREA LV STR AVE PR&WT: $118.71(1494)Light Test / HIDE&OFFAL: $12.04 Unchg CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HEAD LIVE BASED 178.96 174.74 79,598 BOX BASED 181.75 178.85 40,295 AVE INDEX 180.35 +0.38 176.79 +0.90 119,893 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 193.75 +0.88 190.85 +1.92 90.92 LDS CH CUTS / 20.44 LDS SEL CUTS / 4.87 LDS TRIM / 22.52 LDS GROUND BOXED BEEF TREND: Higher on light to moderate demand and offerings COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 01/27 $191.65 -0.34 CUTTER 90% 350# UP C/O: $163.78 +1.27 NAT'L BONELESS BF TRIM: 27.32 lds / Shrply hr on gd dem & mod offers 90% TRIM: 10 lds: Wtd Avg $207.87 / Weak to lower *ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*. FI KILL(WTD) WED 109(337) WK AGO 112(338) YR AGO 93(282) MIX: TUE SH90/CB23 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 01/21/17 942 4,434 Week Ending: 01/14/16 218 5,349 Change from prev week: +724 -915