DTN CATTLE PRICES/TRENDS 07/16 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, but we expect
packer inquiry will improve as the day progresses. Asking prices are around
$97 in the South, and $158 to $160 in the North. Light to moderate trade has
taken place this week at $95 to $97, mostly $95 in the South, fully steady
with the bulk of the prior week's business. Northern dressed deals have had
a range of $152 to $160, mostly $157 to $160, steady to $3 higher than last
week's weighted average basis Nebraska. Having said all of that, we should
need to see more trade this week, especially in the North. Beef cutouts are
expected to be mixed 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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