DTN Cattle Close/Trends 06/07 15:55
7 Jun 2018
USDA MARKET NEWS--AFTERNOON CATTLE REPORT 06/07/18 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: 0 WEEK TO DATE: 80 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: 1,285 WEEK TO DATE: 1,981 STEERS 292 180.00-180.00 180.00-180.00 180.00 HEIFERS 723 180.00-180.00 180.00-180.00 180.00 COMMENTS: The feedlot trade stayed stuck in neutral through the day with packers bids remaining far below asking prices. Moderate trading should surface sometime Friday. 5-AREA LV STR AVE PR&WT: 116.00 (1500) HIDE&OFFAL: $9.49 +0.05 CARCASS EQV INDEX CHOICE (600-900#) SELECT (600-900#) #OF HD LIVE BASED 170.73 147.85 68,234 BOX BASED 214.41 191.41 48,417 AVE INDEX 192.57 -0.27 169.63 -0.11 116,651 BEEF CUTOUTS CHOICE (600-900#) SELECT (600-900#) 226.41 -0.56 203.41 -0.24 43.91 LDS CH CUTS / 27.55 LDS SEL CUTS / 6.46 LDS TRIM / 41.03 LDS GROUND BOXED BEEF TREND: Weak on Choice stdy on Select on lgt mode dem-offers. COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 06/01 $218.89 -0.63 CUTTER 90% 350# UP C/O: $176.40 +0.44 NAT'L BONELESS BF TRIM: 50.35 lds / Shrply lwr on lgt dem & offers 90% TRIM: 13 lds: Wtd Avg $222.34 / Steady to weak FI KILL(WTD) THR 121(477) WK AGO 121(362) YR AGO 120(475) MIX: WED SH94/CB25 WEEKLY CANADIAN CATTLE IMPORTS. FEEDERS SLAUGHTER S&H Week Ending: 05/26/18 3,456 4,899 Week Ending: 05/19/18 7,335 5,720 Change from prev week: -3,879 -821