DTN CATTLE PRICES/TRENDS 07/09 08:10
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . . . . .
NEBRASKA . . . . .
TEXAS . . . . .
COLORADO . . . . .
IOWA . . . . .
DTN COMMENTS: The country is slow to start this morning, with bids and
asking prices hard to find. A moderate trade took place in the South
yesterday with a full range of $90 to $95.25 (the $95.25 was from the FCE
acution), mostly $95, steady with Tuesday's business, but $1 higher than
last week's weighted averages. Northern dressed trade was rather light and
had a full range of $155 to $160, steady to $2 lower than Tuesday's deals,
but $1 to $6 higher than last week's weighted average basis Nebraska. While
we should need to see more business take place today and/or tomorrow in
Nebraska and Iowa, it is looking like the bulk of trading could essentially
be done for the week in Kansas and Texas. Beef cutouts are expected to be
lower with light to moderate box movement.
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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