DTN CATTLE PRICES/TRENDS 12/07 10:30
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . . . . .
NEBRASKA . . . . .
TEXAS . . . . .
COLORADO . . . . .
IOWA . . . . .
DTN COMMENTS: The country is slow to start this morning with bids remaining
elusive, but packer inquiry should start to improve as the day progresses.
Asking prices are around $156 to $157 in the South, but still not
established in the North. Having said all of that, it is possible that
significant trade volume could be delayed until late this afternoon and/or
tomorrow. Beef cutouts are expected to be lower with light to moderate box
The Fed Cattle Exchange Auction held today reported 8 lots (6 lots in TX and 2
lots in CO), totaling 1,023 head of cattle, none of which sold. Opening prices
were at $153, high bids had a range of $153 to $153.50, but none of these bids
met reserve prices of $155 to $156.
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. A
weekly summary from this data will be posted on the Weekly Cattle Sales
Reported to DTN page.
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