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DTN CATTLE PRICES/TRENDS 04/15 10:50
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS 700 121 . 121 .
NEBRASKA . . *196(BID) . *196(BID)
TEXAS 800 120 . 120 .
COLORADO . . . . .
IOWA . *122(BID) . *122(BID) .
*PRIVATE SOURCES
DTN COMMENTS: Some light trade is being reported in parts of the South. in
Kansas deals are marked at $121, $.50 higher than last week's weighted
average. Texas trade is marked at $120, about steady with last week's
weighted average. Asking prices are around $122 to $124 in the South and
$200 to $205 in the North. A very light scattered trade took place in parts
of the South late yesterday afternoon at mostly $121, $.50 to $1 higher than
last week's weighted averages, most sellers continued to hold out for higher
money. Beef cutouts are expected to be higher with light to moderate box
movement.
The Fed Cattle Exchange Auction today listed a total of 4,284 head (TX 2,180
head, NE 2,067 head, KS 37 head), of which none actually sold. The reserve
prices ranged from $120 to $128. Opening prices ranged from $118 to $126, high
bids ranged from $119.50 to $120 (note: only six of 24 lots were even bid on).
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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