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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.
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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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