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DTN CATTLE PRICES/TRENDS 11/06 08:05
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . . . . .
NEBRASKA . . . . .
TEXAS . . . . .
COLORADO . . . . .
IOWA . . . . .
*=PRIVATE SOURCES
DTN COMMENTS: Cattle feeding country is rather slow to start this
morning. So far, no bids have been renewed, but packer inquiry should
improve as the day progresses. Yesterday a light to moderate trade was
reported in the North with dressed deals at mostly $360, $2 higher than
the previous week's weighted average, basis Nebraska, while Southern live
business was light at $232, $4 lower than last week's weighted averages.
We should need to see more transactions today and/or tomorrow, especially
in the South, where asking prices are around $238-plus. 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
1-402-461-3561. 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.
Get your local Cash Bids emailed to you each morning from DTN – click here to sign up for DTN Snapshot.
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