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.