DTN CATTLE PRICES/TRENDS 06/01 12:15
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 05/25-05/29
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 3,400 115.00-120.00 .
NE 2,500 120.00 190.00
TX 1,200 120.00 .
CO 0 . .
IA 500 . 190.00
LAST WEEK'S ROUND UP: Trade came in a little bit each day
last week, and it was another round of price ranges so large
you could drive a truck through them (between $10 to $16).
Nebraska's dressed deals ranged from $178 to $190, while
Iowa's dressed range was $174 to $190. Kansas live prices
ranged from $110 to $120, while Texas had a full range of
$108 to $120. Where will weighted averages fall when
summaries come out later this morning? Well, that is
anybody's guess at this point. According to the Friday
afternoon Mandatory reports weekly trade volumes were as
follows: KS 21,911; NE 39,978; TX 6,432; IA 28,197; CO not
available due to confidentiality.
DTN MORNING COMMENTS: USDA summary reports have been delayed,
we will release this information as soon as it is made
available to us.
A few scattered deals have been reported in parts of Nebraska
this morning at $187, certainly not enough to establish any
kind of a trend. Asking prices have yet to be fully
established. New showlists appear to be higher in all major
feeding areas, especially in Texas. Beef cutouts are sharply
lower at midday (Choice 350.31 -13.03, Select 329.67 -10.40),
with light to moderate box movement (41.20 lds of choice cuts,
9.16 lds of select cuts, 3.97 lds of trim, and 13.85 lds of
ground). Cattle futures at the top of the noon hour are mixed
on live contracts and mostly sharply higher on feeder issues.
For the week ending May 23, 2020, Imported Beef Passed for
Entry in the U.S. totaled 40,697, 97.60% of the previous week
and 105.90% of the 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, ext. 3678. 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
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