DTN Cattle Prices/Trends 11/29 12:00
29 Nov 2017
DTN CATTLE PRICES/TRENDS 11/29 12:00 HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED KANSAS . *117.00(BID) . *117.00(BID) . NEBRASKA . *118.00(BID) *188.00(BID) *118.00(BID) *188.00(BID) TEXAS . . . . . COLORADO . *118.00(BID) . *118.00(BID) . IOWA . . . . . *=PRIVATE SOURCES DTN COMMENTS: Cattle country remains fairly quiet at midday with just a few scattered bids noted. Asking prices are around 121.00-123.00 in the South and 192.00-195.00 in the North. The Fed Cattle Exchange Auction took place this morning with no actual sales reported, so it is doubtful that it will spark much interest in selling cattle. The Fed Cattle Exchange Auction report today listed a total of 967 head, with 0 actually sold, 750 head listed as unsold, and 217 head listed as PO (Passed Offer). The state by state breakdown looks like this: KS 223 total head, with 0 head sold, 118 head unsold, 105 head listed as PO ($118.00); NE 507 total head, with 0 head sold, 507 head unsold, and 0 head listed as PO; TX 237 total head, with 0 head sold, 125 head unsold, and 112 head listed as PO ($117.00); CO - no cattle reported; IA - no cattle reported; other states - no cattle reported. The delivery date/weighted averages breakdown is as listed: 1-9 day delivery: 865 head total, 0 head sold; 1-17 day delivery - no cattle reported; 10-17 day delivery - no cattle reported; 17-30 day delivery 102 head total, 0 head sold. Beef cutouts are lower at midday, especially on choice product (Choice 206.97 -1.66, Select 187.03 -0.17) with light to moderate box movement (66.97 lds of choice cuts, 17.82 lds of select cuts, 8.61 lds of trim, and 15.02 lds of ground). Cattle futures are mixed on both live and feeder issues with nearbys faring better than deferreds at this time. 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: 0 WEEK TO DATE: 0 STEERS - LIVE FOB STEERS - DRESSED DELIVERED No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED No reportable trade No reportable trade NEBRASKA CONFIRMED CASH SALES: 92 WEEK TO DATE: 92 STEERS - LIVE FOB STEERS - DRESSED DELIVERED No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED No reportable trade No reportable trade TEXAS CONFIRMED CASH SALES: 0 WEEK TO DATE: 0 STEERS - LIVE FOB STEERS - DRESSED DELIVERED No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED No reportable trade No reportable trade COLORADO CONFIRMED CASH SALES: 0 WEEK TO DATE: 0 STEERS - LIVE FOB STEERS - DRESSED DELIVERED No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED No reportable trade No reportable trade IOWA CONFIRMED CASH SALES: 0 WEEK TO DATE: 0 STEERS - LIVE FOB STEERS - DRESSED DELIVERED No reportable trade No reportable trade HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED No reportable trade No reportable trade 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.