DTN CATTLE PRICES/TRENDS 07/15 12:10
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS 600 95, Few 95.75 . . .
NEBRASKA 500 98.00 157.00 *96.00(BID) 157.00
TEXAS . . . . .
COLORADO . *95-96(BID) . *95-96(BID) .
IOWA . . . . .
DTN COMMENTS: Some light trade has been reported in Nebraska at $157, fully
steady with last week's weighted average, and a few deals in Kansas are
noted at mostly $95, with a few up to $95.75, steady to $0.75 higher than
both yesterday and last week's weighted average. Some asking prices remain
firm around $100 live and $160 dressed. A light to moderate trade developed
in the South yesterday at mostly $95, fully steady with last week's weighted
The National Daily Boxed Beef Cutout and Boxed Beef Cuts report has been
delayed due to technical difficulties. Our best guess is that beef cutouts
will be lower with light to moderate box movement. Cattle futures near the
noon hour are moderately to sharply higher on live contracts and mostly
sharply higher on feeders. Nearbys are faring better than deferreds on both
live and feeder issues. Also note that Daily Direct Negotiated Purchase
Summaries have also been delayed.
The Fed Cattle Exchange Auction today listed a total of 1,224 head, with 275
actually sold, 949 head listed as unsold, and 0 head listed as PO (Passed
Offer). Only Kansas and Texas were offering cattle this week, the breakdown is
as follows: KS 1,005 total head, with 275 head sold at $95.50-$95.75, 730 head
unsold; TX 219 total head, which all went unsold. The delivery date/weighted
average breakdown is as listed: 1-9 day delivery: 680 head total, 275 head
sold, with a weighted average price of $95.62; 1-17 day delivery 544 head
total of which none sold.
NOTE: Feedlots are encouraged to call DTN with any cattle sales, at
1-800-369-7675, ext. 3678. All sales will be listed anonymously and
organized by state. All live sales are FOB and set for 1-9 day delivery.
General trends and summaries from this data will also be posted on the Daily
Sales Reported to DTN page.
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