DTN CATTLE PRICES/TRENDS 11/19 08:15
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 11/12-11/16
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 3,500 114.00 .
NE 4,500 114.00-114.50 178.00
TX 1,500 114.00 .
CO 1,000 114.00-114.50 .
IA 1,000 . 178.00
LAST WEEK'S ROUNDUP: A light to moderate trade developed Friday
starting in the North with dressed deals ranging from $176 to
$178, mostly $178, about $2 lower than last week's weighted
average basis Nebraska. Southern business developed after the
noon hour at $114, generally steady with the previous week's
weighted averages. According to the Friday afternoon Mandatory
reports total weekly trade volumes were as follows: KS 486; NE
13,303; TX 0; CO 0, IA 18,480. Since significant trade volume
didn't really start until after the Mandatory cutoff it will be
interesting to see just where trade volume totals come in when
the weekly summaries come out later this morning.
DTN MORNING COMMENTS: The country is typically quiet this
morning with packers focusing on the collection of new
showlists. Significant trade volume will likely be delayed
until the second half of the week. Beef cutouts are expected to
be lower with generally light box movement.
For the week ending November 10, 2018, Imported Beef Passed for
Entry in the U.S. totaled 37,230, 99.17% of the previous week
and 102.15% of the prior 4-week average.
NOTE: The price and volume information listed on this page is
supplied by DTN subscribers in the interest of general cash
market awareness. All cattle feeding subscribers are encouraged
to report sales in a timely fashion in order to compensate for
the systematic delays of mandatory reporting. While all
transactions will be posted on an anonymous basis, callers are
required to identify themselves and the location of the actual
sales. DTN believes this data to be accurate, but cannot
guarantee its specific reliability or whether it fairly
represents the larger cash market.
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 also be posted on the
Daily Sales Reported to DTN page.
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