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DTN CATTLE PRICES/TRENDS               05/23 12:10

KANSAS     .   *114.00(BID)   .             *114.00(BID)   .
NEBRASKA 2,000  116.00       *184-186(BID)   116.00       *184-186(BID)
TEXAS      .    .             .              .             .
COLORADO 1,000  116.00        .              116.00        .
IOWA       .    .            *184-186(BID)   .            *184-186(BID)
                               *PRIVATE SOURCES     
DTN COMMENTS: A light live trade is being reported in parts of Nebraska and 
Colorado near midday at $116, $1 lower than last week's weighted average. A 
light to moderate trade took place yesterday in the South while moderate to 
active business was reported in the North. Deals in Kansas and Texas were 
around $114 to $115, $1 to $2 lower than the prior week's weighted averages. 
Dressed business in Nebraska and Iowa had a full range of $181 to $186 (the 
low end of the range was for delayed delivery), mostly $184 to $185, 
generally steady to $1 lower than last week's weighted average. Asking 
prices for cattle left on showlists are around $118 plus on a live basis, 
and $187 dressed. 

Beef cutouts are higher at midday (choice 220.51 +0.76, select 206.67 +0.86) 
with light to moderate box movement (36.52 lds of choice cuts, 13.70 lds of 
select cuts, 4.09 lds of trim, and 18.24 lds of ground). Cattle futures are 
mostly modestly higher on live contracts, and mostly modestly lower on 
feeder issues. 

Due to some issues at the USDA the Summary reports have been delayed.

NOTE:  Feedlots are encouraged to call DTN with any cattle sales, at
1-800-369-7675, 1-402-399-6402. 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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