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DTN CATTLE PRICES/TRENDS 01/02 11:10
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . *228-232(BID) . *228-232(BID) .
NEBRASKA 900 232.00 360.00 232.00 360.00
TEXAS . *228.00(BID) . *228.00(BID) .
COLORADO . . . . .
IOWA . . *360.00(BID) . *360.00(BID)
*=PRIVATE SOURCES
DTN COMMENTS: A few dressed deals are being reported sold in parts of
Eastern Nebraska this morning at $360, $4 higher than last week's
weighted average. Several majors in that state are also bidding $360, but
those bids continue to be passed. A few bids are on the table in the
South around $228 to $232, but they are being passed as they are below
current asking prices of around $234. Packer inquiry should continue to
improve as the day progresses.
Beef cutouts are higher at midday (choice 348.70 +1.25, select 346.94
+4.56) with light to moderate box movement (36.70 lds of choice cuts,
2.70 lds of select cuts, 0.00 lds of trim, and 13.41 lds of ground).
NOTE: Feedlots are encouraged to call DTN with any cattle sales, at
1-402-461-3561. All sales will be listed anonymously and organized by
state. All live sales are FOB and set for 1-9-day delivery. A weekly
summary from this data will be posted on the Weekly Cattle Sales Reported
to DTN page and will be left up for the entire week for reference
purposes.
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