DTN CATTLE PRICES/TRENDS               12/07 10:30

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS     .    .             .              .             .
NEBRASKA   .    .             .              .             .
TEXAS      .    .             .              .             .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
    
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 
movement.

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.