DTN CATTLE PRICES/TRENDS 10/21 10:10
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 . . . . .
DTN COMMENTS: A few bids are now on the table near midmorning, 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 expected to be
mixed with light to moderate box movement.
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.
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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