DTN CATTLE PRICES/TRENDS 04/25 11:45
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
DTN COMMENTS: The cash cattle trade remains unestablished at midday with both
bids and asking prices poorly defined. Significant activity could be easily
postponed until Thursday or later. Traders, producers, and packers are anxious
to see if yesterday's board crash was just a one-day reaction to bearish on feed
news or the start of a longer-term sell-off.
Beef cut-outs at midday are mixed, up $2.13 (select: $206.42) to off .20
(choice: $218.47) with light box movement (ch: 35 lds; sel: 9 lds; trimmings: 15
lds; ground beef: 9 lds). Live and feeder futures are moderately higher near
midday, supported by short covering and cash premiums.
Feedlots are encouraged to call DTN with any cattle sales, at 1-800-369-7675, 1-
402-399-6402, or 1-402-462-8897. All sales will be listed anonymously and
organized by state. General trends and summaries from this data will also be
posted on the Daily Sales Reported to DTN page.
Get your local Cash Bids emailed to you each morning from DTN – click here
to sign up for DTN Snapshot.