DTN CATTLE PRICES/TRENDS 07/16 08:15
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 07/09-07/13
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 3,000 111.00 .
NE 4,300 110.00-111.00 173.00-175.00
TX 3,000 111.00 .
CO 500 110.00 .
IA 500 . 175.00
LAST WEEK'S ROUNDUP: A very light dressed trade surfaced
Wednesday in parts of Nebraska and Iowa at $175 but then the
standoff started and held until late Friday afternoon. The
South blinked first with live deals at mostly $111, generally
$1 to $2 lower than the previous week's weighted averages. A
few dressed deals in the North were reported at $173 to $175,
the previous week's weighted average in Nebraska was $179.06.
According to the Friday afternoon Mandatory reports total
weekly trade volumes were as follows: KS 260; NE 4,514; TX 35;
CO 0; IA 4,184. Keep in mind that these totals came out before
trade developed late Friday afternoon, so it will be
interesting to see just what actual trade volume totals will be
when they are released later this morning.
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 lower with light box movement.
For the week ending July 07, 2018, Imported Beef Passed for
Entry in the U.S. totaled 35,118, 98.27% of the previous week
and 87.52% 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.
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