DTN Livestock News

DTN Cattle Prices/Trends 05/23 13:30





DTN CATTLE PRICES/TRENDS               05/23 13:30

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS     .   *114.00(BID)   .             *114.00(BID)   .
NEBRASKA 2,000  116.00       *184-186(BID)   116.00       *184-186(BID)
TEXAS      .    .             .              .             .
COLORADO 1,000  116.00        .              116.00        .
IOWA       .    .            *184-186(BID)   .            *184-186(BID)
                               *PRIVATE SOURCES     
    
DTN COMMENTS: A light live trade was reported in parts of Nebraska and 
Colorado this afternoon at $116, $1 lower than last week's weighted average. 
A light to moderate trade took place yesterday in the South while moderate 
to active business was reported in the North. Deals in Kansas and Texas were 
around $114 to $115, $1 to $2 lower than the prior week's weighted averages. 
Dressed business in Nebraska and Iowa had a full range of $181 to $186 (the 
low end of the range was for delayed delivery), mostly $184 to $185, 
generally steady to $1 lower than last week's weighted average. Asking 
prices for cattle left on showlists are around $118 plus on a live basis, 
and $187 dressed. Having said that, it is possible that trade could 
essentially be done for the week.

Today's kill totaled 117,000 head, 4,000 below last week, and 5,000 smaller 
than a year ago. Cattle futures closed mostly modestly higher on both live 
(up 32 to off 2) and feeder (up 42 to off 2) contracts. Beef cutouts are 
expected to close higher with light to moderate box movement. 

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:   9,899  WEEK TO DATE:    13,797
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
114.08   80+    114.00-115.00    864  No reportable trade
114.49   65-80  114.00-115.00  3,333
114.00   35-65  114.00-114.00    291

114.38   TOTAL  114.00-115.00  4,488
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
114.10   80+    114.00-115.00  1,572  No reportable trade
114.59   65-80  114.00-115.00  2,008

114.37   TOTAL  114.00-115.00  3,580
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


NEBRASKA  CONFIRMED CASH SALES:  22,748  WEEK TO DATE:    22,822
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
116.00   80+    116.00-116.00  1,801  185.27   80+    183.00-186.00  3,978
116.00   65-80  116.00-116.00    951  185.12   65-80  184.00-186.00  4,161
                                      182.99   35-65  181.00-185.00  4,129

116.00   TOTAL  116.00-116.00  2,752  184.45   TOTAL  181.00-186.00 12,268
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   186.00   80+    186.00-186.00    150

                                      186.00   TOTAL  186.00-186.00    150
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
115.00   80+    115.00-115.00    916  185.20   80+    183.00-186.00  2,282
115.00   65-80  115.00-115.00     74  184.87   65-80  184.00-186.00  1,125
                                      184.34   35-65  184.00-185.00    281

115.00   TOTAL  115.00-115.00    990  185.03   TOTAL  183.00-186.00  3,688
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


TEXAS      CONFIRMED CASH SALES:  4,144  WEEK TO DATE:     4,144
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
114.45   65-80  114.00-115.00    560  No reportable trade
115.00   35-65  115.00-115.00  1,747

114.87   TOTAL  114.00-115.00  2,307
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
114.00   80+    114.00-114.00    209  No reportable trade
114.81   65-80  114.00-115.00    313
115.00   35-65  115.00-115.00    569

114.75   TOTAL  114.00-115.00  1,091
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


COLORADO  CONFIRMED CASH SALES:       0  WEEK TO DATE:         0 
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


IOWA       CONFIRMED CASH SALES: 12,840  WEEK TO DATE:    14,598
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
117.39   80+    115.00-118.50  5,388  185.71   80+    185.00-187.00  2,024
114.00   65-80  114.00-114.00    166  185.00   65-80  185.00-185.00    405

117.28   TOTAL  114.00-118.50  5,554  185.60   TOTAL  185.00-187.00  2,429
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
118.40   80+    118.00-119.00    295  185.00   80+    185.00-185.00    608

118.40   TOTAL  118.00-119.00    295  185.00   TOTAL  185.00-185.00    608
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
117.00   80+    117.00-117.00    120  186.00   80+    185.00-187.00    318
115.16   65-80  114.00-116.00    559  183.87   65-80  183.00-185.00    458

115.48   TOTAL  114.00-117.00    679  184.74   TOTAL  183.00-187.00    776
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
119.00   80+    119.00-119.00    525  No reportable trade

119.00   TOTAL  119.00-119.00    525

NOTE:  Feedlots are encouraged to call DTN with any cattle sales, at
1-800-369-7675, 1-402-399-6402. 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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