DTN CATTLE PRICES/TRENDS 02/26 08:30
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . *114(BID) . *114(BID) .
NEBRASKA . . . . .
TEXAS . . . . .
COLORADO . . . . .
IOWA . . . . .
DTN COMMENTS: The country is slow to start this morning, with just a few
bids on the table following a round of light trade mostly in the North
yesterday and in the South on Wednesday. Dressed trade in Nebraska and Iowa
was at mostly $182, a little more than $1 higher than last week's weighted
average basis Nebraska. Live business in Kansas and Texas has been marked at
mostly $114, fully steady with last week's weighted averages. Asking prices
for cattle left on showlists are around $115 to $116 in the South and $185
in the North. More trade should need to take place at some point today. Beef
cutouts are expected to be lower with light to moderate box movement.
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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