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Market News Details

DTN Cattle Close/Trends





                 USDA MARKET NEWS--AFTERNOON CATTLE REPORT    04/20/18

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG

KANSAS    CONFIRMED CASH SALES - TODAY:       0   WEEK T0 DATE:  24,593
STEERS    No reportable trade
HEIFERS   No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:  16,540   WEEK TO DATE:  34,503
STEERS    3,975       190.00-195.00       190.00-195.00       193.41
HEIFERS   2,165       175.00-195.00       192.00-195.00       192.09

TEXAS     CONFIRMED CASH SALES - TODAY:       0   WEEK TO DATE:  12,655
STEERS    No reportable trade
HEIFERS   No reportable trade

COLORADO  CONFIRMED CASH SALES - TODAY:       0   WEEK TO DATE:   1,519
STEERS    No reportable trade
HEIFERS   No reportable trade

IOWA      CONFIRMED CASH SALES - TODAY:   6,613   WEEK TO DATE:  11,596
STEERS    2,772       190.00-195.00       190.00-195.00       194.13
HEIFERS   616         192.00-195.00       192.00-195.00       194.16

COMMENTS: A light to moderate trade developed in the North today with the
Majority of dressed trade marked at 195.00, $5 higher than last week's weighted
Average basis Nebraska. The South was dead quiet content with the trading that
Took place yesterday at 121.00-122.00.

5-AREA LV STR AVE PR&WT: $121.40(1331) HIDE&OFFAL: $ 9.79 +0.02
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF HD
  LIVE BASED           181.36              169.22             96,735
  BOX BASED            199.98              188.13             55,521
  AVE INDEX            190.67  +0.89       178.68  +1.40     152,256
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                       211.98  -0.64       200.13  +1.65
  62.57 LDS CH CUTS / 48.30 LDS SEL CUTS /  9.40 LDS TRIM / 22.15 LDS GROUND
BOXED BEEF TREND: Frm/hr on lt-mod dem & mod-hvy
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 04/13 $211.97 -2.62
 CUTTER 90%  350# UP C/O: $172.47 -0.04
 NAT'L BONELESS BF TRIM:  14.57 lds / Mostly firm on mod dem & lt offers
 90% TRIM:  00 lds: Wtd Avg $No Test/ Unevenly steady
FI KILL(WTD) FRI 114(584) WK AGO 116(591) YR AGO 107(564) MIX: THU SH91/CB24
             SAT  40(624) WK AGO  14(605) YR AGO  38(601)
                    WEEKLY CANADIAN CATTLE IMPORTS.
                         FEEDERS     SLAUGHTER S&H
Week Ending:  04/07/18    4,916        5,954
Week Ending:  03/31/18   10,620        7,180
Change from prev week:   -5,704       -1,226

Market Commentary

Weaker techincals in corn and beans. Crush firmer.
End of Week Audio Commentary
by Jody Lefcourt
Last updated 01/26/2018 02:05 PM CST
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