DTN CATTLE PRICES/TRENDS 01/22 07:45
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 01/14-01/18
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 3,000 124.00 .
NE 3,500 124.00 197.00
TX 1,500 124.00 .
CO 800 124.00 .
IA 100 123.00 .
LAST WEEK'S ROUND UP: A light to moderate trade developed late
Friday afternoon with Northern dressed trade at mostly $197,
fully steady with last week's weighted average basis Nebraska.
Southern live business was at mostly $124, also fully steady
with last week's weighted averages. According to the Friday
afternoon Mandatory reports weekly trade volumes were as
follows: KS 0; NE 456; TX 0; CO 0; IA 1,886. Keep in mind that
significant trade volume did not start to develop until well
after the Mandatory cutoff.
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 higher with generally
light box movement.
For the week ending January 12, 2019, Imported Beef Passed for
Entry in the U.S. totaled 40,851, 161.12% of the previous week
and 128.05% 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 or 1-402-399-6402. 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.
Get your local Cash Bids emailed to you each morning from DTN – click here
to sign up for DTN Snapshot.