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DTN CATTLE PRICES/TRENDS 02/26 11:35
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . *114(BID) . *114(BID) .
NEBRASKA . . *182(BID) . *182(BID)
TEXAS . *114(BID) . *114(BID) .
COLORADO . *114(BID) . *114(BID) .
IOWA . *114(BID) *181(BID) *114(BID) *181(BID)
*PRIVATE SOURCES
DTN COMMENTS: Many bids are now on the table in most areas and we should
need to see more business take place at some point today. Asking prices for
cattle left on showlists are around $115 to $116 in the South and $185 in
the North.
So far this week, Northern dressed trade has been at mostly $182, a little
more than $1 higher than last week's weighted average basis Nebraska.
Southern Live business has been marked at mostly $114, fully steady with
last week's weighted averages.
The Special Fed Cattle Exchange Auction today listed a total of 790 head (TX
662 head, KS 54 head, OK 74 head), of which none sold as they did not meet the
reserve prices of $115. Opening prices were at $113.50, high bids ranged from
$113.50 to $114.50.
Beef cutouts are higher at midday (choice 241.24 +0.85, select 229.78 +0.99)
with light box movement (21.30 lds of choice cuts, 2.71 lds of select cuts,
4.82 lds of trim, and 1.99 lds of ground). Cattle futures near the top of
the noon hour are sharply lower on both live and feeder contracts.
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: 781 WEEK TO DATE: 2,702
STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED
114.00 80+ 114.00-114.00 238 182.00 80+ 182.00-182.00 203
182.00 65-80 182.00-182.00 220
114.00 TOTAL 114.00-114.00 238 182.00 TOTAL 182.00-182.00 423
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: 12,325 WEEK TO DATE: 16,538
STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED
113.88 80+ 113.00-114.00 3,699 181.99 80+ 181.00-182.00 2,995
181.13 65-80 180.00-182.00 321
113.88 TOTAL 113.00-114.00 3,699 181.90 TOTAL 180.00-182.00 3,316
STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB
No reportable trade 182.00 80+ 182.00-182.00 516
182.00 TOTAL 182.00-182.00 516
HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED
114.00 80+ 114.00-114.00 595 182.00 80+ 182.00-182.00 1,484
114.00 TOTAL 114.00-114.00 595 182.00 TOTAL 182.00-182.00 1,484
HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB
114.75 80+ 114.75-114.75 511 No reportable trade
114.75 TOTAL 114.75-114.75 511
TEXAS CONFIRMED CASH SALES: 41 WEEK TO DATE: 3,689
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: 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: 14,041 WEEK TO DATE: 16,664
STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED
114.56 80+ 112.25-117.00 3,139 182.00 80+ 182.00-182.00 5,743
182.00 65-80 182.00-182.00 37
114.56 TOTAL 112.25-117.00 3,139 182.00 TOTAL 182.00-182.00 5,780
STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB
No reportable trade 181.00 80+ 181.00-181.00 378
181.00 TOTAL 181.00-181.00 378
HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED
113.90 80+ 113.00-115.00 1,504 181.52 80+ 179.00-183.00 2,113
113.90 TOTAL 113.00-115.00 1,504 181.52 TOTAL 179.00-183.00 2,113
HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB
No reportable trade 180.00 80+ 180.00-180.00 140
180.00 TOTAL 180.00-180.00 140
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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