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DTN CATTLE PRICES/TRENDS               05/22 11:45

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS   3,000  114-115       .              114-115       .
NEBRASKA   400 *115.00(BID)   185.00        *115.00(BID)  *185-186(BID)
TEXAS    1,000  115.00        .              115.00        .
COLORADO   .   *115.00(BID)   .             *115.00(BID)   .
IOWA       300  .             185.00         .             185.00
                               *PRIVATE SOURCES     
    
DTN COMMENTS: A light trade is developing at midday at $115, in the South 
about $1 lower than last week's weighted averages, and a few deals at $185 
in the North, about steady with last week's weighted average basis Nebraska. 
Some asking prices continue to be firm around $117 to $119 on a live basis, 
and $187 plus dressed. 

Beef cutouts are steady to higher (choice 220.59 +1.01, select 206.58 
unchanged) with light to moderate box movement (38.66 lds of choice cuts, 
20.26 lds of select cuts, 4.07 lds of trim, and 19.93 lds of ground). Cattle 
futures near the noon hour are mostly lower on both live and feeder 
contracts.

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:   3,898  WEEK TO DATE:     3,898
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
114.46   65-80  114.00-115.00  2,568  No reportable trade

114.46   TOTAL  114.00-115.00  2,568
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
114.35   65-80  114.00-115.00  1,223  No reportable trade

114.35   TOTAL  114.00-115.00  1,223
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


NEBRASKA  CONFIRMED CASH SALES:      53  WEEK TO DATE:        74
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                   185.00   65-80  185.00-185.00     53

                                      185.00   TOTAL  185.00-185.00     53      
 
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


TEXAS      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


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:  1,651  WEEK TO DATE:     1,758
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
116.49   80+    116.00-118.00    283  185.00   80+    185.00-185.00    200
                                      185.00   65-80  185.00-185.00    155

116.49   TOTAL  116.00-118.00    283  185.00   TOTAL  185.00-185.00    355
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
119.00   80+    119.00-119.00    145  No reportable trade
119.00   35-65  119.00-119.00    105

119.00   TOTAL  119.00-119.00    250
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   185.00   80+    185.00-185.00     51
                                      185.00   65-80  185.00-185.00    152

                                      185.00   TOTAL  185.00-185.00    203
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade

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.

For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
See What 100 Years Can Do

In July 2016, Farm Credit marked 100 years of support for rural communities and agriculture, a milestone celebrated throughout the year and now drawing to a close. See highlights from Farm Credit's year-long centennial celebration. 

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