DTN CATTLE PRICES/TRENDS 11/15 10:40
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . *110-113(BID) . *110-113(BID) .
NEBRASKA . *109-112(BID) *176.00(BID) *109-112(BID) *176.00(BID)
TEXAS . *109-110(BID) . *109-110(BID) .
COLORADO . . . . .
IOWA . . *176.00(BID) . *176.00(BID)
DTN COMMENTS: Packer inquiry is improving at midmorning with a few more bids
on the table, but those bids remain far from current asking prices of around
$116 to $117 in the South, and $178 to $180 plus in the North. It is looking
like significant trade may follow the trend of the last couple of weeks and
not develop until sometime Friday. Beef cutouts are expected to be lower
with light to moderate box movement. Cattle futures at this time are mostly
higher on both live and feeder issues.
NOTE: Feedlots are encouraged to call DTN with any cattle sales, at
1-800-369-7675, 1-402-399-6402, or 1-402-462-8897. 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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