DTN Cattle Prices 11/22 11:30

DTN CATTLE PRICES/TRENDS 11/22 11:30 HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED KANSAS *$118-119(BID) *$118-119(BID) NEBRASKA *$190(BID) *$190(BID) TEXAS IOWA *$188(BID) *$188(BID) COLORADO S.DAKOTA *=PRIVATE SOURCES DTN COMMENTS: Packer inquiry is generally light near midday, though buying interest seems a bit more serious in the North. Trade volume on Tuesday was light to moderate in most areas (e.g., Nebraska, 19,642 head at $119.88/$188.38; Kansas, 10,716 head at $118.12; Texas, 4,267 head at $117.98; Iowa, 8,543 head at $119.49/$189; Colorado, 984 head at $120.50), and we think buyers would like to own more stock before retiring for Thanksgiving and football. Asking prices on the balance of showlists are around $120 in the South and $192 plus in the North. Beef cut-outs at midday are modestly higher, up .26 (select, $108.91) to .29 (choice, $208.92) with moderate box movement (ch: 52 lds; sel: 31 lds; trim: 16 lds; ground beef: 19 lds). Live and feeder futures are sharply higher in late morning business thanks to pre holiday short covering and recent cash strength. 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.