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DTN CATTLE PRICES/TRENDS               12/02 12:05

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS   2,000  142.00        .              142.00        .
NEBRASKA 2,500  140.00        220.00         140.00        220.00
TEXAS    1,500  142.00        .              142.00        .
COLORADO   .   *140-142(BID)  .             *140-142(BID)  .
IOWA       250  .             .              .             220.00
                               *PRIVATE SOURCES     
    
DTN COMMENTS:  A light trade is being reported in all three major feeding 
states. Northern dressed business is at mostly $220, $3 higher than last 
week's weighted average basis Nebraska. Southern live deals are at mostly 
$142, $3 higher than last week's weighed averages. Some asking prices remain 
firm around $143 plus in the South, and around $222 in the North. 

The special Fed Cattle Exchange Auction today listed a total of 1,759 head, of 
which 1,252 actually sold, 300 were scratched from the auction and 207 head 
were listed as unsold, as they did not meet the reserve prices of $140. 
Opening prices ranged from $137 to $138, high bids ranged from $137 to 
$147.75. The state-by-state breakdown looks like this:  TX 1,618 total head, 
with 1,252 head sold at $140 to $140.75, 66 head went unsold and 300 were 
scratched from the auction; KS 141 total head, all of which went unsold.

Beef cutouts at midday are higher at midday (choice 271.50 +1.28, select 
258.58 +0.61) with moderate box movement (55.85 lds of choice cuts, 14.39 lds 
of select cuts, 3.49 lds of trim, and 13.12 lds of ground). Cattle futures at 
midday are mostly moderately to sharply higher on live contracts, and mixed, 
mostly modestly higher on feeder issues.

DAILY DIRECT SLAUGHTER CATTLE-NEGOTIATED PURCHASES-SUMMARY
**Summary includes trade from 1:30 PM the previous day through 9:30 AM today.**

KANSAS    CONFIRMED CASH SALES:     150  WEEK TO DATE:       222
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


NEBRASKA  CONFIRMED CASH SALES:       0  WEEK TO DATE:     1,853
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


TEXAS     CONFIRMED CASH SALES:       0  WEEK TO DATE:       961
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


COLORADO  CONFIRMED CASH SALES:       0  WEEK TO DATE:         0
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


IOWA      CONFIRMED CASH SALES:   1,712  WEEK TO DATE:     6,196
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
138.00   80+    138.00-138.00    986  217.51   80+    217.00-218.00     78
138.00   65-80  138.00-138.00    228

138.00   TOTAL  138.00-138.00  1,214  217.51   TOTAL  217.00-218.00     78
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
140.00   80+    140.00-140.00    120  No reportable trade

140.00   TOTAL  140.00-140.00    120
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
138.00   80+    138.00-138.00    125  No reportable trade

138.00   TOTAL  138.00-138.00    125
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
140.00   80+    140.00-140.00     36  No reportable trade

140.00   TOTAL  140.00-140.00     36

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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