DTN Cattle Prices/Trends 01/07 08:35

DTN CATTLE PRICES/TRENDS 01/07 08:35 WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 12/31-01/04 STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE KS 3,000 123.00 . NE 5,000 122.00-123.00 195.00 TX 1,500 123.00 . CO 700 122.50-123.00 . IA 1,200 122.00-123.00 194.00-195.00 LAST WEEK'S ROUND UP: A light to moderate live trade developed on Thursday in the South and parts of Nebraska at mostly $123, generally steady with the previous week's weighted averages. Northern dressed trade did not develop until Friday with the majority of deals marked at $195, also generally steady with the previous week, basis Nebraska. According to the Friday afternoon Mandatory report totals weekly trade volumes were as follows: KS 21,315; NE 40,108; TX 3,561; CO 0; IA 25,018. DTN MORNING COMMENTS: The country is quiet this morning with bids and asking prices not established as of yet. Significant trade volume will likely be delayed until the second half of the week. Beef cutouts are expected to be lower with generally light box movement. For the week ending December 29, 2018, Imported Beef Passed for Entry in the U.S. totaled 24,403, 95.50% of the previous week and 69.94% of the prior 4-week average. 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 or whether it fairly represents the larger cash market. 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.