DTN CATTLE PRICES/TRENDS 04/27 08:15
WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 04/20-04/24
STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE
KS 2,000 157.50-158.00 .
NE 5,700 159.00-160.00 252.00-260.00
TX 800 158.00 .
CO 500 160.00 .
IA 500 . 253.00
DTN COMMENTS: The country is quiet this morning, with both buyers and
sellers busy taking inventory. Bids and asking prices have yet to be
established. The majority of last week's Southern business took place on
Wednesday with prices mostly $3.00 lower than the previous week at 158.00.
A light trade took place in the North on Wednesday as well as on Friday,
with a wide range on dressed prices 252.00-260.00. It will be interesting
to see just where the weighted average will fall when the summary reports
are released later this morning. We don't expect to see any significant
business develop before Wednesday this week. Beef cutouts are expected to
be lower with generally light box movement.
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
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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