DTN CATTLE PRICES/TRENDS 11/15 10:45
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . . . . .
NEBRASKA . . . . .
TEXAS . . . . .
COLORADO . *115-116(BID) . *115-116(BID) .
IOWA . . *180-182(BID) . *180-182(BID)
DTN COMMENTS: The country is quiet this morning following a light to
moderate trade on both Wednesday and Thursday. Southern live deals were
marked at mostly $115, steady to $1 higher than the bulk of last week's
business, while Northern dressed trade was at mostly $182, generally $1
higher than last week's weighted average basis Nebraska. Asking prices on
cattle left on showlists are around $116 to $117 in the South, and $184 plus
in the North. Having said all of that, other than some cleanup trade, it is
possible that significant business is essentially done for the week. Beef
cutouts are expected to be lower, with light to moderate box movement.
The Fed Cattle Exchange held a Friday sale offering 1,264 head, with 3 lots
in Nebraska, 2 lots in Kansas, and 1 lot in Texas. Asking prices were at
$115, but no sales were reported.
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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