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DTN Cattle Prices/Trends 10/15 08:05

15 Oct 2018
DTN CATTLE PRICES/TRENDS 10/15 08:05 WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 10/08-10/12 STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE KS 4,000 111.00 . NE 4,500 110.50-111.00 173.00-174.00 TX 1,500 111.00 . CO 500 111.00 . IA 1,000 . 173.00-174.00 LAST WEEK'S ROUNDUP: Light to moderate business developed on Wednesday in the North then again on Thursday with a full range of 170.00-175.00, mostly 173.00-174.00, generally $1 to $2 lower than the previous week's weighted average basis Nebraska. Southern trade did not develop until Thursday with live deals marked at mostly 111.00, fully steady with the prior week. According to the Friday afternoon Mandatory reports total weekly trade volumes were as follows: KS 18,116; NE 33,046; TX 7,989; CO 3,785, IA 22,402. 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 mixed with generally light box movement. For the week ending October 06, 2018, Imported Beef Passed for Entry in the U.S. totaled 39,497, 95.05% of the previous week and 101.76% 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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