DTN Cattle Prices/Trends 06/17 08:10

DTN CATTLE PRICES/TRENDS               06/17 08:10

KANSAS     .    .             .              .             .
NEBRASKA   .    .             .              .             .
TEXAS      .    .             .              .             .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
DTN COMMENTS: The country is slow to start this morning following the last 
two days of light trading. Asking prices for cattle left on showlists are 
around $122 plus in the South, and $195 to $197 in the North. So far this 
week, Northern dressed deals have had a range of $193 to $197, mostly $195, 
$4 higher than last week's weighted average basis Nebraska. Southern live 
business has had a range of $122 to $123, mostly $122, generally $2 higher 
than last week's weighted averages. Having said all of that, it is very 
possible that more scattered trade could be reported today and/or tomorrow. 
Beef cutouts are expected to be lower with light to moderate box movement.

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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