DTN CATTLE PRICES/TRENDS 06/17 08:10
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . . . . .
NEBRASKA . . . . .
TEXAS . . . . .
COLORADO . . . . .
IOWA . . . . .
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.