DTN CATTLE PRICES/TRENDS 06/16 11:55
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS 2,500 122 . 122 .
NEBRASKA 900 124 195 124 *195(BID)
TEXAS 200 . . 122 .
COLORADO . . . . .
IOWA . . . . .
*PRIVATE SOURCES
DTN COMMENTS: A light trade is being reported in parts of Nebraska, and
Kansas this morning at fully steady money with yesterday's advance. Northern
dressed deals were at $193 to $197, mostly $195 $4 higher than last week's
weighted average basis Nebraska (most set for delivery the week of June 28).
Southern live trade was at $120 to $123, mostly $122, $2 higher than last
week's weighted averages. More trade is likely to take place throughout the
week. Asking prices for cattle left on showlists are around $122 plus in the
South, and $195 to $197 in the North.
The Fed Cattle Exchange Auction today listed a total of 6,049 head, of which
889 actually sold, 712 head were scratched from the auction, and 4,448 head
were listed as unsold, as they did not meet the reserve prices, that ranged
from $120 to $122.50. Opening prices ranged from $118 to $120, high bids
ranged from $119.25 to $122.50. The state by state breakdown looks like this:
TX 5,585 total head, with 793 head sold at $121 to $122.50, 678 head were
scratched from the auction, and 4,114 head went unsold; KS 339 total head,
with 27 head sold at $119.25, 34 head were scratched from the auction, and 27
head went unsold; OK 125 total head, with 61 head sold at $122, 64 head went
unsold.
Beef cutouts are lower at midday (choice 331.51 -2.92, select 291.72 -6.56)
with light to moderate box movement (47.82 lds of choice cuts, 20.12 lds of
select cuts, 17.11 lds of trim, and 6.93 lds of ground). Live cattle futures
at midday are mostly moderately higher, while feeder issues are mixed, with
nearbys faring better than deferreds.
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: 8,476 WEEK TO DATE: 8,476
STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED
122.10 80+ 122.00-123.00 2,444 No reportable trade
122.00 65-80 122.00-122.00 325
122.09 TOTAL 122.00-123.00 2,769
STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB
No reportable trade No reportable trade
HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED
122.00 80+ 122.00-122.00 3,835 No reportable trade
122.00 65-80 122.00-122.00 274
122.00 TOTAL 122.00-122.00 4,109
HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB
No reportable trade No reportable trade
NEBRASKA CONFIRMED CASH SALES: 7,535 WEEK TO DATE: 8,948
STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED
123.42 80+ 122.50-124.00 1,664 194.95 80+ 193.00-195.00 2,312
195.00 65-80 195.00-195.00 590
123.42 TOTAL 122.50-124.00 1,664 194.96 TOTAL 193.00-195.00 2,902
STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB
No reportable trade No reportable trade
HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED
124.00 80+ 124.00-124.00 614 195.00 80+ 195.00-195.00 1,182
124.00 TOTAL 124.00-124.00 614 195.00 TOTAL 195.00-195.00 1,182
HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB
No reportable trade 196.00 80+ 196.00-196.00 120
196.00 TOTAL 196.00-196.00 120
TEXAS CONFIRMED CASH SALES: 5,724 WEEK TO DATE: 5,724
STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED
122.00 80+ 122.00-122.00 1,421 No reportable trade
122.00 65-80 122.00-122.00 552
122.00 TOTAL 122.00-122.00 1,973
STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB
No reportable trade No reportable trade
HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED
121.84 80+ 121.00-122.00 1,397 No reportable trade
122.00 65-80 122.00-122.00 1,282
121.92 TOTAL 121.00-122.00 2,679
HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB
No reportable trade No reportable trade
COLORADO CONFIRMED CASH SALES: NA Conf WEEK TO DATE: NA Conf
STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED
NA Confidentiality NA confidentiality
STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB
NA Confidentiality NA confidentiality
HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED
NA Confidentiality NA confidentiality
HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB
NA Confidentiality NA confidentiality
IOWA CONFIRMED CASH SALES: 5,385 WEEK TO DATE: 5,553
STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED
123.14 80+ 120.00-124.00 1,596 195.09 80+ 194.00-197.00 2,001
124.00 65-80 124.00-124.00 80
123.18 TOTAL 120.00-124.00 1,676 195.09 TOTAL 194.00-197.00 2,001
STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB
No reportable trade 194.00 80+ 194.00-194.00 102
194.00 TOTAL 194.00-194.00 102
HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED
124.00 80+ 124.00-124.00 194 194.30 80+ 194.00-195.00 284
124.00 TOTAL 124.00-124.00 194 194.30 TOTAL 194.00-195.00 284
HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB
121.00 80+ 121.00-121.00 13 No reportable trade
121.00 TOTAL 121.00-121.00 13
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.
