DTN Cattle Prices/Trends 05/19 12:00

05/19/2017
DTN CATTLE PRICES/TRENDS 05/19 12:00 HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED KANSAS . . . . . NEBRASKA . . . . . TEXAS . . . . . COLORADO . . . . . IOWA . . *212-214(BID) . *212-214(BID) *=PRIVATE SOURCES DTN COMMENTS: Cattle country is very quiet at midday with business apparently done for the week. Although much business in the North on Thursday seemed to take place under the radar, official trade volume totals in Nebraska and Iowa now suggest that movement was more than sufficient to cover slaughter needs and keep feedlots current. We expect next week's offering to be steady to somewhat larger, more tied to seasonal increases than unsold inventory carried over. Beef cutouts are lower at midday (Choice 246.97 -0.24, Select 221.16 -0.50), with light box movement (37.94 lds of choice cuts, 17.99 lds of select cuts, 0.00 lds of trim, and 5.46 lds of ground). Cattle futures are significantly higher near the top of the noon hour, supported by short-covering and technical buying. 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: 16,105 WEEK TO DATE: 17,023 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 133.83 80+ 131.00-134.50 1,283 212.00 65-80 212.00-212.00 76 133.58 65-80 132.00-134.50 5,223 133.39 35-65 133.00-134.00 444 133.62 TOTAL 131.00-134.50 6,950 212.00 TOTAL 212.00-212.00 76 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 133.68 80+ 131.00-134.50 1,594 213.00 65-80 213.00-213.00 40 133.26 65-80 131.00-134.00 3,558 132.28 35-65 131.00-134.00 927 133.22 TOTAL 131.00-134.50 6,079 213.00 TOTAL 213.00-213.00 40 NEBRASKA CONFIRMED CASH SALES: 24,156 WEEK TO DATE: 33,109 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 135.18 80+ 133.00-135.50 5,576 212.15 80+ 210.00-213.00 1,334 134.51 65-80 129.00-135.50 4,433 211.93 65-80 210.00-213.00 1,142 212.35 35-65 212.00-213.00 208 134.88 TOTAL 129.00-135.50 10,009 212.07 TOTAL 210.00-213.00 2,684 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 134.78 80+ 132.00-136.00 3,164 212.61 80+ 212.00-213.00 309 134.83 65-80 132.00-135.50 691 212.54 65-80 212.00-213.00 911 134.79 TOTAL 132.00-136.00 3,855 212.56 TOTAL 212.00-213.00 1,220 TEXAS CONFIRMED CASH SALES: 7,459 WEEK TO DATE: 8,585 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 134.00 80+ 134.00-134.00 299 No reportable trade 133.91 65-80 133.00-134.00 1,131 134.00 35-65 133.00-134.50 2,499 133.98 TOTAL 133.00-134.50 3,929 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 134.00 80+ 134.00-134.00 445 No reportable trade 134.00 65-80 134.00-134.00 936 134.00 35-65 134.00-134.00 400 134.00 TOTAL 134.00-134.00 1,781 COLORADO CONFIRMED CASH SALES: 3,241 WEEK TO DATE: 3,634 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 134.61 80+ 133.50-135.00 155 No reportable trade 135.00 65-80 135.00-135.00 700 135.00 35-65 135.00-135.00 338 134.95 TOTAL 133.50-135.00 1,193 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 135.00 80+ 135.00-135.00 125 No reportable trade 135.00 65-80 135.00-135.00 847 135.00 35-65 135.00-135.00 283 135.00 TOTAL 135.00-135.00 1,255 IOWA CONFIRMED CASH SALES: 5,116 WEEK TO DATE: 9,841 STEERS - LIVE FOB STEERS - DRESSED DELIVERED 133.96 80+ 130.00-136.00 551 211.52 80+ 205.00-214.00 192 133.29 65-80 133.00-134.00 308 211.85 65-80 210.00-213.00 995 213.00 35-65 213.00-213.00 160 133.72 TOTAL 130.00-136.00 859 211.94 TOTAL 205.00-214.00 1,347 HEIFERS - LIVE FOB HEIFERS - DRESSED DELIVERED 134.46 80+ 134.00-135.00 728 213.00 80+ 213.00-213.00 131 212.27 65-80 212.00-213.00 587 134.46 TOTAL 134.00-135.00 728 212.50 TOTAL 212.00-213.00 418 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.