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DTN CATTLE PRICES/TRENDS               08/23 14:25

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS   2,500  106.00        .              106.00        .
NEBRASKA 4,000  107-109       175, Few 176   107-108       175, few 176-178
TEXAS    1,500  106, few 105  .              106, few 105  .
COLORADO   700  108.00        .              108.00        .
IOWA       500  .             175.00         .             175.00
                               *PRIVATE SOURCES     
    
DTN COMMENTS:  A light to moderate trade developed in the North and South. 
Dressed deals in Nebraska and Iowa are at mostly $175, generally $4.50 
higher than last weeks weighted average basis Nebraska. A few Regionals in 
Nebraska have paid $176 to $178, these are set for delayed delivery (the 
week of September 2nd). Southern live trade is at mostly $106, generally $1 
higher than last week's weighted averages. While we may see trade volume 
totals grow throughout the rest of the afternoon, it looks like the bulk of 
business is done for the week.

The August 1 on feed report totaled 11.1 million head, slightly above the 
same time last year, and the highest inventory since the series began in 
1996. In July, placements totaled 1.71 million head, 2% below a year ago; 
marketings in July totaled 2 million head, 7% above 2018; Disappearance in 
July totaled 71,000 head, 13% above the prior year.

Today's slaughter totaled 115,000 head, 1,000 more than both a week and year 
ago Saturday's kill is estimated at 77,000 head, bringing the weekly total 
to 654,000 head, 3,000 larger than the prior week, and 12,000 greater than 
2018. Cattle futures close mostly sharply lower on both live (off 35 to 180) 
and feeder (off 105 to 317) contracts, the lone exception was spot August 
live which ended the day off 35 points. Beef cutouts are expected to close 
lower with light to moderate box movement. 

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:     342  WEEK TO DATE:       409
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
105.00   80+    105.00-105.00     80  174.00   80+    174.00-174.00    113
                                      174.00   65-80  174.00-174.00     34

105.00   TOTAL  105.00-105.00     80  174.00   TOTAL  174.00-174.00    147
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


NEBRASKA  CONFIRMED CASH SALES:   6,698  WEEK TO DATE:     8,783
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
109.50   80+    109.50-109.50    105  176.33   80+    175.00-178.00  2,097
108.00   65-80  108.00-108.00    947  170.96   65-80  170.00-175.00  1,286

108.15   TOTAL  108.00-109.50  1,052  174.29   TOTAL  170.00-178.00  3,383
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   177.10   80+    175.00-178.00    729
                                      176.11   65-80  170.00-178.00    880

                                      176.56   TOTAL  170.00-178.00  1,609
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


TEXAS      CONFIRMED CASH SALES:      0  WEEK TO DATE:         0
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


COLORADO  CONFIRMED CASH SALES: NA Conf  WEEK TO DATE:   NA Conf 
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
Not reportable due to confidentiality No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
Not reportable due to confidentiality No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


IOWA       CONFIRMED CASH SALES:  6,136  WEEK TO DATE:     8,748
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
110.27   80+    109.00-111.00    453  176.90   80+    174.00-178.00  1,482
                                      177.00   65-80  177.00-177.00    178

110.27   TOTAL  109.00-111.00    453  176.91   TOTAL  174.00-178.00  1,660
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
110.00   80+    110.00-110.00     36  175.00   80+    175.00-175.00    290

110.00   TOTAL  110.00-110.00     36  175.00   TOTAL  175.00-175.00    290
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
110.08   80+    110.00-111.00    573  176.17   80+    173.00-178.00  1,181
                                      178.00   65-80  178.00-178.00    565

110.08   TOTAL  110.00-111.00    573  176.76   TOTAL  173.00-178.00  1,746
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
110.00   80+    110.00-110.00     12  175.00   80+    175.00-175.00     82

110.00   TOTAL  110.00-110.00     12  175.00   TOTAL  175.00-175.00     82

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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