Do Not Overlook the Corn Values for Fall 2020 and Beyond. Increased Corn Acres and Demand Destruction could easily move the carryout back up over 2 Billion Bushels.


CERES will be receiving Plenish Soybeans Fall of 2020. Producer premiums will remain the same 
.40 cents for Harvest delivery and .50 cents for Farm stored
Call with acreage requests, Acres are limited so don't wait if you have an interest in this program

 

 

            
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  Friday, December 6, 2019   
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DTN CATTLE PRICES/TRENDS               12/06 13:50

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS     .    .             .              .             .
NEBRASKA 3,000 *118-119(BID)  188.00        *118-119(BID)  188.00
TEXAS      500  119.50        .              .             .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
    
DTN COMMENTS:  A light trade is developing in parts of the North at $188, $1 
higher than last week's weighted average basis Nebraska. The majority of 
these deals are marked for delayed delivery (the week of December 23rd). 
Other than some possible cleanup trade, it is looking like business could 
essentially be done for the week in the South. 

Today's slaughter totaled 121,000 head, 6,000 more than last week, and even 
with a year ago. Cattle futures ended the day mostly modestly higher, up 37 
to off 17 (only the far deferred April contract ended the day lower), feeder 
issues closed mostly moderately higher, up 45 to 100 (only the spot January 
issue ended the day up triple digits). Beef cutouts are expected to close 
mixed with light to moderate box movement.

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:  16,533  WEEK TO DATE:    17,331
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
119.00   80+    119.00-119.00  1,921  No reportable trade
119.00   65-80  119.00-119.00  5,945
119.00   35-65  119.00-119.00    702

119.00   TOTAL  119.00-119.00  8,568
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
119.07   80+    119.00-119.50  2,282  No reportable trade
119.00   65-80  119.00-119.00  2,885
119.00   35-65  119.00-119.00    306

119.03   TOTAL  119.00-119.50  5,473
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


NEBRASKA  CONFIRMED CASH SALES:     395  WEEK TO DATE:     1,490
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   187.00   80+    187.00-187.00    116
                                      187.00   65-80  187.00-187.00     77

                                      187.00   TOTAL  187.00-187.00    193
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   187.00   80+    187.00-187.00     62

                                      187.00   TOTAL  187.00-187.00     62
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


TEXAS     CONFIRMED CASH SALES: NA Conf  WEEK TO DATE:   NA Conf
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
NA Due to Confidentiality             No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
NA Due to Confidentiality             No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


COLORADO  CONFIRMED CASH SALES: NA Conf  WEEK TO DATE:   NA Conf
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
NA Due to Confidentiality             No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
NA Due to Confidentiality             No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


IOWA      CONFIRMED CASH SALES:   4,543  WEEK TO DATE:     7,243
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
118.83   80+    118.00-119.00    417  187.93   80+    187.00-189.00    517

118.83   TOTAL  118.00-119.00    417  187.93   TOTAL  187.00-189.00    517
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   188.00   80+    188.00-188.00    102

                                      188.00   TOTAL  188.00-188.00    102
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
118.48   80+    117.00-119.00    514  187.74   80+    187.00-188.00  1,113

118.48   TOTAL  117.00-119.00    514  187.74   TOTAL  187.00-188.00  1,113
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
119.00   80+    119.00-119.00    118  189.00   80+    189.00-189.00    159

119.00   TOTAL  119.00-119.00    118  189.00   TOTAL  189.00-189.00    159

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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