DTN CATTLE PRICES/TRENDS 11/30 11:10
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS 2,000 155.00 . 155.00 .
NEBRASKA . *156-157(BID) . *156-157(BID) .
TEXAS 2,500 155.00 . 155.00 .
COLORADO . . . . .
IOWA . . . . .
DTN COMMENTS: A light trade is developing in parts of the South, at $155,
fully steady with last week's weighted averages. A few live bids have been
noted in Nebraska, but so far, they are being passed. Asking prices are
around $156 to $158 in the South, but still not established in the North.
The Fed Cattle Exchange Auction held today reported 07 lots (all in TX),
totaling 1,506 head of cattle, none of which sold. Opening prices were at $153,
high bids had a range of $155 to $155.25, but none of these bids met reserve
prices of $155.50 to $156.
Beef cutouts are lower at midday (choice 252.23 -2.51, select 225.39 -0.43)
moderate box movement (59.95 lds of choice cuts, 9.77 lds of select cuts, 0.00
lds of trim, and 13.78 lds of ground). Cattle futures at this time are mostly
moderately higher on live contracts and sharply higher on feeder contracts.
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. A
weekly summary from this data will be posted on the Weekly Cattle Sales
Reported to DTN page.
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