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DTN Cattle Prices 11/20 12:15

20 Nov 2017
DTN CATTLE PRICES/TRENDS 11/20 12:15 WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK ENDING: 11/17/17 STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE KS 5,500 119.00 . NE 5,400 119.00-120.50 188.00-190.00 TX 2,500 119.00-119.25 . CO 300 119.00 . IA 1,500 118.00-119.00 188.00 DTN COMMENTS: Feedlot country is typically quiet at midday following the distribution of new showlists. The short-week offering appears to be somewhat larger than last week with only Texas showing more ready steers and heifers. We have seen a few preliminary bids of $117 in Kansas. Asking prices are not well defined in the early rounds. Significant trade volume is not likely to surface until sometime Wednesday. Beef cut-outs at midday are mixed, up .67 (select: $188.52) to off $1.68 (choice: $205.56) with light box movement (ch: 25 lds; sel: 10 lds; trim: 11 lds; ground beef: 13 lds). Live and feeder futures are sharply lower near the top of the new hour, pressured by long liquidation and larger than expected October placement news. WEEKLY DIRECT SLAUGHTER CATTLE - FOR THE WEEK ENDING: 11/17 WT AV LV % CH PRICE RANGE VOLUME WT AV DR % CH PRICE RANGE VOL KANSAS FORMULA/FORWARD 58,513 / WTD 25,601 / WEEKLY TOTAL 78,786 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 119.04 TOTAL 118.00-120.00 10,382 No reportable trade STEERS - LIVE DELIVERED STEERS - DRESSED FOB No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 119.00 TOTAL 119.00-119.00 4,543 No reportable trade HEIFERS - LIVE DELIVERED HEIFERS - DRESSED FOB 120.25 TOTAL 120.25-120.25 76 No reportable trade NEBRASKA FORMULA/FORWARD 49,350 / WTD 41,089 / WEEKLY TOTAL 90,439 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 119.50 TOTAL 118.00-120.50 13,297 189.41 TOTAL 187.50-190.00 6,269 STEERS - LIVE DELIVERED STEERS - DRESSED FOB No reportable trade 188.73 TOTAL 188.00-190.00 929 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 119.59 TOTAL 118.00-120.50 12,204 189.44 TOTAL 187.00-190.00 3,447 HEIFERS - LIVE DELIVERED HEIFERS - DRESSED FOB 122.00 TOTAL 122.00-122.00 420 190.00 TOTAL 190.00-190.00 100 TEXAS FORMULA/FORWARD 78,295 / WTD 7,338 / WEEKLY TOTAL 85,633 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 119.01 TOTAL 119.00-119.25 3,204 No reportable trade STEERS - LIVE DELIVERED STEERS - DRESSED FOB No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 118.98 TOTAL 118.00-119.00 2,150 No reportable trade HEIFERS - LIVE DELIVERED HEIFERS - DRESSED FOB No reportable trade No reportable trade SEE FRIDAY'S DAILY DIRECT SLAUGHTER CATTLE NEGOTIATED PURCHASES SUMMARIES BELOW: DAILY DIRECT SLAUGHTER CATTLE-NEGOTIATED PURCHASES-SUMMARY **Summary includes trade from 1:30 PM the previous day through 9:30 AM today.** KANSAS CONFIRMED CASH SALES: 729 WEEK TO DATE: 20,273 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 119.00 80+ 119.00-119.00 275 No reportable trade 119.00 65-80 119.00-119.00 212 No reportable trade 119.00 TOTAL 119.00-119.00 487 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 119.00 65-80 119.00-119.00 162 No reportable trade 119.00 65-80 119.00-119.00 162 NEBRASKA CONFIRMED CASH SALES: 1,800 WEEK TO DATE: 41,089 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 119.00 80+ 119.00-119.00 179 120.00 65-80 119.00-120.50 536 189.00 65-80 189.00-189.00 333 119.78 TOTAL 119.00-120.50 715 189.00 TOTAL 189.00-189.00 333 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 188.00 80+ 188.00-188.00 157 120.50 65-80 120.50-120.50 148 189.00 65-80 189.00-189.00 148 120.50 TOTAL 120.50-120.50 148 188.47 TOTAL 188.00-189.00 299 TEXAS CONFIRMED CASH SALES: 1,281 WEEK TO DATE: 7,338 STEERS - LIVE FOB STEERS - DRESSED DELIVERED No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 119.00 65-80 119.00-119.00 579 No reportable trade 119.00 35-65 119.00-119.00 454 119.00 TOTAL 119.00-119.00 1,003 COLORADO CONFIRMED CASH SALES: 216 WEEK TO DATE: 1,996 STEERS - LIVE FOB STEERS - DRESSED DELIVERED No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 120.50 80+ 120.50-120.50 66 No reportable trade 120.50 TOTAL 120.50-120.50 66 IOWA CONFIRMED CASH SALES: 3,399 WEEK TO DATE: 23,374 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 119.27 80+ 118.00-120.00 564 188.07 80+ 186.00-189.00 605 120.00 65-80 120.00-120.00 370 119.56 TOTAL 118.00-120.00 934 188.07 TOTAL 186.00-189.00 605 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 119.64 80+ 118.00-120.50 337 188.00 80+ 188.00-188.00 239 119.64 TOTAL 118.00-120.50 337 188.00 TOTAL 188.00-188.00 239 NOTE: The price and volume information listed on this page is supplied by DTN subscribers in the interest of general cash market awareness. All cattle feeding subscribers are encouraged to report sales in a timely fashion in order to compensate for the systematic delays of mandatory reporting. While all transactions will be posted on an anonymous basis, callers are required to identify themselves and the location of the actual sales. DTN believes this data to be accurate, but cannot guarantee its specific reliability nor whether it fairly represents the larger cash market. Feedlots are encouraged to call DTN with any cattle sales, at 1-800-369-7675. All sales will be listed anonymously and organized by state. General trends and summaries from this data will be posted on the page you are now reading and/or on the Daily Sales Reported to DTN page.