DTN Cattle Prices/Trends 04/23 08:15
DTN CATTLE PRICES/TRENDS 04/23 08:15
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 04/16-04/20
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 4,000 122.00 .
NE 5,200 122.00-124.00 193.00-195.00
TX 3,000 121.00-122.00 .
CO 1,000 120.00-124.00 .
IA 1,150 122.00-124.00 195.00
LAST WEEK'S ROUNDUP: A light to moderate trade developed last
Thursday in the South with live deals about $4.00 higher than
last week's weighted averages, the range was 120.00-122.00,
mostly 122.00 in Kansas and 121.00 in Texas. Northern trade
didn't develop until Friday with dressed deals ranging from
190.00-195.00, mostly 193.00-195.00, $3.00-5.00 higher than
last week's weighted average basis Nebraska. According to the
Friday afternoon Mandatory reports total weekly trade volumes
were as follows: KS 24,593; NE 34,503; TX 12,655; CO 1,519; IA
11,596. We expect that these numbers will increase when
summaries come out later this morning, especially in the North.
DTN MORNING COMMENTS: The country is typically quiet this
morning with packers focusing on the collection of new
showlists. Significant trade volume will likely be delayed
until the second half of the week. Beef cutouts are expected to
be mixed with light box movement.
For the week ending April 14, 2018, Imported Beef Passed for
Entry in the U.S. totaled 39,718, 96.08% of the previous week
and 104.21% 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.