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DTN CATTLE PRICES/TRENDS 07/17 11:30
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . . . . .
NEBRASKA . . . . .
TEXAS . . . . .
COLORADO . . . . .
IOWA . . . . .
*=PRIVATE SOURCES
DTN COMMENTS: All remains quiet in cattle feeding country at midday.
Bids and asking prices have not been renewed at this time. Over the past
three days, some light trade was reported in most areas. Northern dressed
business has had a range of $370 to $385, mostly $377 to $380, $12 to $15
lower than last week's weighted averages. Southern live deals have been
marked at mostly $237 to $238, $10 to $11 lower than last week's weighted
average. While it looks like the bulk of business has essentially been
completed for the week, a little cleanup here and there is not out of the
question.
Beef cutouts are higher at midday (choice 368.69 +0.31, select 356.35
+0.66) with light to moderate box movement (40.23 lds of choice cuts,
6.39 lds of select cuts, 9.73 lds of trim, and 17.97 lds of ground), with
a choice/select spread of 12.34. Cattle futures are sharply lower on both
live and feeder contracts at this time.
NOTE: Feedlots are encouraged to email DTN with any cattle sales, at
linda.nellson@dtn.com. 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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