DTN CATTLE PRICES/TRENDS 09/28 09:45
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS 5,200 104, Few 103 . 104.00 .
NEBRASKA 1,500 104.00 . *104.00(BID) .
TEXAS 2,000 104.00 . 104.00 .
COLORADO . . . . .
IOWA . . . . .
DTN COMMENTS: Surprisingly we have picked up a light live trade in the
South this morning at 104.00, $3.00 lower than last week. A large string has
also been sold in Nebraska at 104.00, $2.00 lower than last week. Private
sources have indicated that Southern bids have now been backed up to 103.00.
Beef cutouts are expected to be higher with light to moderate box movement.
Cattle futures started out lower, but are now higher, with triple digit
gains noted in the feeder trade at this time.
NOTE: 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 be posted on the Daily Sales Reported to DTN page.
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