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                 USDA MARKET NEWS--AFTERNOON CATTLE REPORT    05/26/16

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG
   
KANSAS    CONFIRMED CASH SALES - TODAY:   15,827  WEEK T0 DATE:  15,986
STEERS    8,561       122.00-125.00       122.00-125.00       124.90
HEIFERS   5,578       123.00-125.00       123.00-125.00       124.95

NEBRASKA  CONFIRMED CASH SALES - TODAY:    6,105  WEEK TO DATE:  16,875
STEERS    2,409       195.00-198.00       195.00-198.00       197.10
HEIFERS   873         195.00-198.00       195.00-198.00       196.58

TEXAS     CONFIRMED CASH SALES - TODAY:    2,380  WEEK TO DATE:   3,881
STEERS    888         125.00-125.00       125.00-125.00       125.00
HEIFERS   1,360       122.00-125.00       122.00-125.00       124.88

COLORADO  CONFIRMED CASH SALES - TODAY:    1,703  WEEK TO DATE:   1,703
STEERS    227         125.00-125.00       125.00-125.00       125.00
HEIFERS   1,283       125.00-125.00       125.00-125.00       125.00

IOWA      CONFIRMED CASH SALES - TODAY:    4,644  WEEK TO DATE:   5,858
STEERS    1,662       194.00-198.00       194.00-198.00       197.27
HEIFERS   329         196.00-198.00       196.00-198.00       197.02

COMMENTS:  A light to moderate trade developed in Kansas today at mostly
125.00, while a light trade took place in the rest of feedlot country, with
Sales in Texas also marked at mostly 125.00. Dressed trade in the North was at
Mostly 197.00. 

5-AREA LV STR AVE PR&WT: $123.79(1415)Light Test / HIDE & OFFAL: $11.11 +0.04
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF HEAD
  LIVE BASED           192.24              179.26              61,152
  BOX BASED            210.72              191.26              52,696
  AVE INDEX            201.48  -1.39       185.26  -1.88      113,848
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                       222.72  -0.85       203.26  -1.82
  68.85 LDS CH CUTS / 51.40 LDS SEL CUTS / 10.91 LDS TRIM / 10.72 LDS GROUND
BOXED BEEF TREND: Lr on lt-mod dem & offers
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/20 $213.13 +8.19
 CUTTER 90%  350# UP C/O: $172.91 +0.02
 NAT'L BONELESS BF TRIM: 18.58 lds / Shrply hr on gd dem & mod offers
90% TRIM:   00   WT AVG:  $No Test / Generally steady
*ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*.
FI KILL(WTD) THU 113(447) WK AGO 113(448) YR AGO 114(348) MIX: WED SH93/CB21
             **** REVISION * WED 114(334) * REVISION ****
                      WEEKLY CANADIAN CATTLE IMPORTS.
                         FEEDERS     SLAUGHTER S&H
Week Ending:  05/14/16    5,745        5,997
Week Ending:  05/07/16    6,555        7,325
Change from prev week:     -810       -1,328

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