DTN Cattle Prices/Trends 10/21 11:55





DTN CATTLE PRICES/TRENDS               10/21 11:55

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS     .   *106.00(BID)   .             *106.00(BID)   .
NEBRASKA   .   *104.00(BID)  *163-165(BID)  *104.00(BID)  *163-165(BID)
TEXAS      .    .             .              .             .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
    
DTN COMMENTS: Still just a few bids on the table at midday, some asking 
prices are around $108 in the South, but they remain very sketchy in the 
North. Another round of light trade took place in the South yesterday with 
live deals at $105 to mostly $106, fully steady with Monday's decline, but 
$2 lower than last week's weighted averages. The North saw rather light 
scattered business yesterday with dressed trade at $165 to mostly $166, 
again steady with Monday's decline, but $2.50 to $3.50 lower than the prior 
week's weighted average basis Nebraska. 

Beef cutouts are mixed at midday (choice 209.65 -0.95, select 191.97 +0.30) 
with light to moderate box movement (63.75 lds of choice cuts, 14.89 lds of 
select cuts, 14.18 lds of trim, and 31.18 lds of ground). Cattle futures at 
midday are mixed, mostly modestly higher on live contracts and mixed, mostly 
moderately to sharply higher on feeder contracts.

The Fed Cattle Exchange Auction today listed a total of 1,096 head, of which 
702 actually sold, 394 head were listed as unsold, and none were listed as PO 
(Passed Offer). The state by state breakdown looks like this: KS 184 total 
head (1 lot), with all 184 head sold at $106.50; NE 394 total head (2 lots), 
with none sold; TX 518 total head (3 lots), with all 518 head sold at $106.25 
to $106.50. The delivery date/weighted averages breakdown is as listed: 1-9 
day delivery: 558 head total, of which all sold, with a weighted average price 
of $106.50; 1-17 day delivery 538 head total, of which 144 head sold, with a 
weighted average price of $106.25.

DAILY DIRECT SLAUGHTER CATTLE-NEGOTIATED PURCHASES-SUMMARY
**Summary includes trade from 1:30 PM the previous day through 9:30 AM today.**

KANSAS    CONFIRMED CASH SALES:   3,651  WEEK TO DATE:    15,590
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
106.00   80+    106.00-106.00    699  No reportable trade
105.93   65-80  105.00-106.00  1,656
106.00   35-65  106.00-106.00    294

105.95   TOTAL  105.00-106.00  2,649
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
106.00   80+    106.00-106.00    571  No reportable trade
106.00   65-80  106.00-106.00    282

106.00   TOTAL  106.00-106.00    853
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


NEBRASKA  CONFIRMED CASH SALES:   6,584  WEEK TO DATE:    10,366
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
104.35   80+    103.00-106.00  3,299  166.00   80+    166.00-166.00    439
105.00   65-80  105.00-105.00     23

104.35   TOTAL  103.00-106.00  3,322  166.00   TOTAL  166.00-166.00    439
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
104.78   80+    104.00-105.00    860  166.00   80+    166.00-166.00    660

104.78   TOTAL  104.00-105.00    860  166.00   TOTAL  166.00-166.00    660
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


TEXAS     CONFIRMED CASH SALES:   1,285  WEEK TO DATE:     9,795
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
106.00   80+    106.00-106.00     21  No reportable trade
106.00   65-80  106.00-106.00    123
106.00   35-65  106.00-106.00    251

106.00   TOTAL  106.00-106.00    395
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
106.00   35-65  106.00-106.00     39  No reportable trade

106.00   TOTAL  106.00-106.00     39
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
106.00   65-80  106.00-106.00    258  No reportable trade

106.00   TOTAL  106.00-106.00    258
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
106.00   65-85  106.00-106.00    110  No reportable trade

106.00   TOTAL  106.00-106.00    110


COLORADO  CONFIRMED CASH SALES: NA Conf  WEEK TO DATE:   NA Conf
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
NA due to confidentiality             No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
NA due to confidentiality             No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


IOWA      CONFIRMED CASH SALES:   6,138  WEEK TO DATE:     9,865
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
103.75   80+    103.00-104.00  1,038  164.66   80+    163.00-166.00  2,527
                                      164.00   65-80  164.00-164.00    480

103.75   TOTAL  103.00-104.00  1,038  164.56   TOTAL  163.00-166.00  3,007
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
105.50   80+    105.50-105.50    185  No reportable trade

105.50   TOTAL  105.50-105.50    185
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
103.78   80+    103.00-106.00    780  163.70   80+    163.00-165.00    299

103.78   TOTAL  103.00-106.00    780  163.70   TOTAL  163.00-165.00    299
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
105.00   80+    105.00-105.00    300  No reportable trade

105.00   TOTAL  105.00-105.00    300

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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