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DTN CATTLE PRICES/TRENDS               08/23 11:10

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS   1,000  106.00        .              106.00        .
NEBRASKA 2,700  108.00        175, Few 176   108.00        175, few 176-178
TEXAS    1,000  105-106       .              105-106       .
COLORADO   .   *107.00(BID)   .             *107.00(BID)   .
IOWA       500  .             175.00         .             175.00
                               *PRIVATE SOURCES     
    
DTN COMMENTS:  A light to moderate trade has developed in the North and 
South. Dressed deals in Nebraska and Iowa are at mostly $175, generally 
$4.50 higher than last weeks weighted average basis Nebraska. A few Regional 
in Nebraska have paid $176 to $178, these are set for delayed delivery (the 
week of September 2nd). Southern live trade is at mostly $106, generally $1 
higher than last week's weighted averages.

Beef cutouts are significantly lower at midday (choice 237.88 -1.40, select 
214.02 -1.89) with light box movement (25.70 lds of choice cuts, 9.39 lds of 
select cuts, 0.00 lds of trim, and 13.45 lds of ground). Cattle futures near 
midday are sharply lower with both live and feeder issues showing triple 
digit losses, the lone exception is spot August live which is 37 points 
lower at this time.

NOTE:  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. All live sales are FOB and set for 1-9 day delivery. 
General trends and summaries from this data will also be posted on the Daily 
Sales Reported to DTN page.

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