DTN CATTLE PRICES/TRENDS 04/25 10:20
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . *119.00(BID) . *119.00(BID) .
NEBRASKA . . . . .
TEXAS . . . . .
COLORADO . . . . .
IOWA . . . . .
DTN COMMENTS: The country is rather quiet this morning with just a few bids
on the table in Kansas, but we expect packer inquiry will start to improve
as the day progresses. The South has posted some asking prices of around
125.00 on a live basis. It is very possible that significant trade volume
could be delayed until sometime Thursday or Friday. Beef cutouts are
expected to be higher with light to moderate box movement.
The Fed Cattle Exchange Auction today listed a total of 3,194 head, with 0
actually sold, 2,966 head listed as unsold, and 228 head listed as PO (Passed
Offer). The state by state breakdown looks like this: KS 365 total head, with
0 head sold, 137 head unsold, 228 head listed as PO ($120.25-$121.00); NE
2,829 total head, with 0 head, 2,829 head unsold, and 0 head listed as PO; TX
- no cattle reported; CO - no cattle reported; IA - no cattle reported; other
states (OK, SD, MN) - no cattle reported. The delivery date/weighted averages
breakdown is as listed: 1-9 day delivery: 3,194 head total, 0 head sold; 1-17
day delivery - no cattle reported; 10-17 day delivery - no cattle reported;
17-30 day delivery - no cattle reported.
NOTE: 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. 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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