DTN CATTLE PRICES/TRENDS 08/23 09:55
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . *105.00(BID) . *105.00(BID) .
NEBRASKA 1,300 . 175, Few 176 . 175, few 176-178
TEXAS . *105.00(BID) . *105.00(BID) .
COLORADO . . . . .
IOWA 400 . . 175.00 .
DTN COMMENTS: A light trade is developing in parts of the North at
midmorning with dressed deals at mostly $175, generally $4.50 higher than
last weeks weighted average basis Nebraska. A few others are priced at $176
to $178, these are by Regionals and are set for delayed delivery (the week
of September 2nd). The South remains relatively quiet at this time. Asking
prices are around $109 in the South, and $178 to $180 in the North. Beef
cutouts are expected to be mixed 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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