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DTN CATTLE PRICES/TRENDS 02/26 13:35
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . . . . .
NEBRASKA . *115.00(BID) *184-187(BID) *115.00(BID) *184-187(BID)
TEXAS . . . . .
COLORADO . . . . .
IOWA . . *188.00(BID) . *188.00(BID)
*PRIVATE SOURCES
DTN COMMENTS: Still just a few scattered bids on the table in the North
this afternoon, but the majority of cattle country remains quiet. Some
sources are saying that other than some cleanup, business just may be
essentially done for the week, especially in the South. Having said that,
asking prices for cattle left on showlists are around $117 plus in the
South, and $187 plus in the North.
A light to moderate trade took place in most areas yesterday, with Northern
dressed business ranging from $184 to $187, roughly $3 to $6 lower than last
week's weighted average basis Nebraska. Southern live deals were at mostly
$115, generally $5 lower than the prior week's weighted averages.
Today's slaughter totaled 123,000 head, 1,000 more than last week, and 4,000
greater than a year ago. Cattle futures ended the day mixed on live
contracts, off 95 to up 45, deferreds fared better than nearbys. Feeder
issues closed mostly moderately to sharply higher with nearbys faring better
than deferreds, up 185 to off 12. Beef cutouts are expected to close lower,
with moderate to good box movement.
The Fed Cattle Exchange Auction reported a total of 755 head, of which 627
head sold today. There was a total of five lots, one in Texas and four in
Kansas. Only one lot in Kansas did not sell. All started with $115 asking
prices and those that sold went for $115.25, most lots were set for 1-9 day
delivery, and one lot in Kansas is set for 1-17 day delivery.
DAILY DIRECT SLAUGHTER CATTLE-NEGOTIATED PURCHASES-SUMMARY
**Summary includes trade from 1:30 PM the previous day through 9:30 AM today.**
KANSAS CONFIRMED CASH SALES: 10,551 WEEK TO DATE: 10,551
STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED
115.00 80+ 115.00-115.00 2,446 185.00 80+ 185.00-185.00 105
115.00 65-80 115.00-115.00 2,953
115.00 35-65 115.00-115.00 687
115.00 TOTAL 115.00-115.00 6,086 185.00 TOTAL 185.00-185.00 105
STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB
No reportable trade No reportable trade
HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED
114.91 80+ 114.00-115.00 1,353 No reportable trade
115.00 65-80 115.00-115.00 901
115.00 35-65 115.00-115.00 74
114.95 TOTAL 114.00-115.00 2,328
HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB
No reportable trade No reportable trade
NEBRASKA CONFIRMED CASH SALES: 16,333 WEEK TO DATE: 16,586
STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED
115.19 80+ 115.00-116.00 1,884 185.96 80+ 185.00-187.00 5,836
115.00 65-80 115.00-115.00 236 185.89 65-80 185.00-187.00 1,165
184.00 35-65 184.00-184.00 238
115.17 TOTAL 115.00-116.00 2,120 185.88 TOTAL 184.00-187.00 7,239
STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB
No reportable trade 185.00 80+ 185.00-185.00 473
185.00 TOTAL 185.00-185.00 473
HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED
115.00 80+ 115.00-115.00 1,845 186.06 80+ 185.00-187.00 3,136
185.00 65-80 185.00-185.00 154
115.00 TOTAL 115.00-115.00 1,845 186.01 TOTAL 185.00-187.00 3,290
HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB
No reportable trade No reportable trade
TEXAS CONFIRMED CASH SALES: 5,173 WEEK TO DATE: 5,173
STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED
115.00 65-80 115.00-115.00 1,033 No reportable trade
115.00 35-65 115.00-115.00 2,077
115.00 TOTAL 115.00-115.00 3,110
STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB
No reportable trade No reportable trade
HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED
115.00 80+ 115.00-115.00 140 No reportable trade
115.00 65-80 115.00-115.00 733
115.00 35-65 115.00-115.00 466
115.00 TOTAL 115.00-115.00 1,339
HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB
No reportable trade No reportable trade
COLORADO CONFIRMED CASH SALES: NA Conf WEEK TO DATE: NA Conf
STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED
NA Due to Confidentiality No reportable trade
STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB
No reportable trade No reportable trade
HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED
NA Due to Confidentiality No reportable trade
HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB
No reportable trade No reportable trade
IOWA CONFIRMED CASH SALES: 6,170 WEEK TO DATE: 9,828
STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED
116.12 80+ 115.00-118.00 1,212 185.99 80+ 185.00-187.00 2,046
187.00 65-80 187.00-187.00 120
116.12 TOTAL 115.00-118.00 1,212 186.05 TOTAL 185.00-187.00 2,166
STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB
117.16 80+ 116.00-118.00 190 No reportable trade
117.16 TOTAL 116.00-118.00 190
HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED
117.50 80+ 117.50-117.50 180 185.48 80+ 184.00-187.00 1,110
185.00 65-80 185.00-185.00 197
117.50 TOTAL 117.50-117.50 180 185.41 TOTAL 184.00-187.00 1,307
HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB
116.00 80+ 116.00-116.00 330 No reportable trade
116.00 TOTAL 116.00-116.00 330
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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