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                 USDA MARKET NEWS--AFTERNOON CATTLE REPORT    03/28/17

          VOLUME    USDA TOTAL RANGE   DTN PRACTICAL RANGE  WT AVG
   
KANSAS    CONFIRMED CASH SALES - TODAY:     120   WEEK T0 DATE:     612
STEERS    120         125.00-125.00       125.00-125.00       125.00
HEIFERS   No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:       0   WEEK TO DATE:       0
STEERS    No reportable trade
HEIFERS   No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:   1,334   WEEK TO DATE:   1,491
STEERS    1,334       125.00-126.00       125.00-126.00       125.56
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:       0    WEEK TO DATE:  2,768
STEERS    No reportable trade
HEIFERS   No reportable trade

COMMENTS: A few scattered deals were reported in parts of the South this
 Afternoon, but certainly not enough to establish an accurate trend.

5-AREA LV STR AVE PR&WT: $130.00(1250)Light Test HIDE&OFFAL: $11.87 Unchg
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF AD
  LIVE BASED           195.74              186.64              77,632
  BOX BASED            207.57              201.02              46,062
  AVE INDEX            201.65  -0.21       193.83  -0.34      123,694
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                       219.57  -0.34       213.02  -0.60
  53.40 LDS CH CUTS / 23.88 LDS SEL CUTS / 13.35 LDS TRIM / 30.80 LDS GROUND
BOXED BEEF TREND: Weak on light-moderate demand & offerings
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 03/24 $216.60 +4.01
 CUTTER 90%  350# UP C/O: $169.26 -0.64
 NAT'L BONELESS BF TRIM:  24.82 lds / frm to slightly hr on mod dem & offers
 90% TRIM:  33 lds: Wtd Avg $217.95 / slightly to moderately lower
*ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*.
FI KILL(WTD) TUE 115(231) WK AGO 116(232) YR AGO 112(210) MIX: MON SH952/CB21
                      WEEKLY CANADIAN CATTLE IMPORTS.
                         FEEDERS     SLAUGHTER S&H
Week Ending:  03/11/17    3,419        7,142
Week Ending:  03/04/16    4,723        7,844
Change from prev week:   -1,304         -702

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* Futures and Futures Options trading holds significant risk of loss; only individuals that have a higher risk tolerance and are looking for higher risk, higher reward opportunities should consider investing in this arena. Hedge customers should understand their cash risks as well as the risks and relationship with futures and futures options. FuturesOne is a DBA name for both DMFiala LTD (brokerage services) and David Fiala LTD (advisory services).
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