DTN CATTLE PRICES/TRENDS 05/25 10:15
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . . . . .
NEBRASKA . . *222-224(BID) . *222-224(BID)
TEXAS . . . . .
COLORADO . . . . .
IOWA . . . . .
DTN COMMENTS: The country is slow to start this morning following light
business yesterday, Southern live deals were marked at $137, $1 lower than
last week's weighted averages. Northern dressed trade was more scattered and
had a range of $224 to $227, mostly $224. More business will need to take
place today and/or tomorrow. This morning asking prices are starting out
around $138-plus in the South, and $226-plus in the North. Beef cutouts are
expected to be higher with light to moderate box movement.
The Fed Cattle Exchange Auction today listed a total of 1,558 head (all in
Texas), none of which actually sold, as they did not meet the reserve prices,
that ranged from $137 to $140. Opening prices were at $136, high bids ranged
from $136 to $137.
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. A
weekly summary from this data will be posted on the Weekly Cattle Sales
Reported to DTN page.
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