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DTN CATTLE PRICES/TRENDS 05/09 08:15
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . . . . .
NEBRASKA . . . . .
TEXAS . . . . .
COLORADO . . . . .
IOWA . . . . .
*=PRIVATE SOURCES
DTN COMMENTS: All is quiet in cash cattle country this morning following
another round of light business yesterday. Asking prices for cattle left
on showlists are around $221-plus in the South, and $356-plus in the
North. So far this week, Northern dressed deals have been marked at
mostly $355, $6 higher than last week's weighted average, basis Nebraska,
a Regional paid as much as $360 for some cattle set for delayed delivery
(the week of May 26th). The South had live sales marked at $218 to $221,
mostly $219 to $220, $1 to $2 higher than last week's weighted averages.
Beef cutouts are expected to be higher with light to moderate box
movement.
NOTE: Feedlots are encouraged to call DTN with any cattle sales, at
1-402-461-3561. 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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