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                 USDA MARKET NEWS--AFTERNOON CATTLE REPORT    05/27/16

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG
   
KANSAS    CONFIRMED CASH SALES - TODAY:      755  WEEK T0 DATE:  17,564
STEERS    186         125.00-125.00       125.00-125.00       125.00
HEIFERS   569         125.00-125.00       125.00-125.00       125.00

NEBRASKA  CONFIRMED CASH SALES - TODAY:    4,068  WEEK TO DATE:  23,653
STEERS    1,733       195.00-200.00       195.00-200.00       197.27
HEIFERS   746         195.00-202.00       195.00-202.00       197.39

TEXAS     CONFIRMED CASH SALES - TODAY:        0  WEEK TO DATE:   4,253
STEERS    No reportable trade
HEIFERS   No reportable trade

COLORADO  CONFIRMED CASH SALES - TODAY:      315  WEEK TO DATE:   2,018
STEERS    No reportable live trade
HEIFERS   No reportable live trade

IOWA      CONFIRMED CASH SALES - TODAY:    5,493  WEEK TO DATE:  14,453
STEERS    1,467       198.00-205.00       198.00-205.00       204.69
HEIFERS   414         198.00-205.00       198.00-205.00       204.76

COMMENTS:  A light trade developed today in the North with prices ranging
From 195.00-205.00, mostly 198.00-205.00, Steady to $7.00 lower than last week,
BUT - steady to $8.00 higher than the bulk of yesterday's business. 

5-AREA LV STR AVE PR&WT: $124.85(1354)   HIDE & OFFAL: $11.15 +0.04
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF HEAD
  LIVE BASED           188.84              175.86              69,448
  BOX BASED            210.07              189.57              55,080
  AVE INDEX            199.46  -2.02       182.72  -2.54      124,528
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                       222.07  -0.65       201.57  -1.69
  60.38 LDS CH CUTS / 31.32 LDS SEL CUTS /  0.00 LDS TRIM / 26.97 LDS GROUND
BOXED BEEF TREND: Wk/lr on lt-mod dem & offers
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 05/20 $213.13 +8.19
 CUTTER 90%  350# UP C/O: $174.33 +1.42
 NAT'L BONELESS BF TRIM: 14.07 lds / Not fully established
90% TRIM:   08   WT AVG:  $218.84  / Firm to higher
*ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*.
FI KILL(WTD) FRI 112(559) WK AGO 110(558) YR AGO 116(464) MIX: THU SH92/CB21
             SAT  27(586) Wk AGO  29(587) YR AGO  60(525)
                      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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