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DTN Cattle Prices/Trends 06/05 13:25

5 Jun 2020
DTN CATTLE PRICES/TRENDS 06/05 13:25 HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED KANSAS . . . . . NEBRASKA . . . . . TEXAS . . . . . COLORADO . . . . . IOWA . . . . . *PRIVATE SOURCES DTN COMMENTS: The country remains very quiet this afternoon with bids and asking prices very hard to find. It is looking like significant business may be wrapped up for the week. A light to moderate trade has been reported in most areas this week, and it has been yet another week of very large price ranges. Northern dressed trade has had a full range of $165 to $187 (a $22 difference), while Southern live deals have had a full range of $105 to $118 (a $13 difference). Today's slaughter totaled 116,000 head, 5,000 more than last week, but 3,000 smaller than a year ago. Saturday's slaughter is estimated at 63,000 head, bringing the weekly total to 636,000 head, 112,000 greater than the prior week, but 29,000 less than 2019. Cattle futures closed moderately to sharply lower on live contracts with deferreds faring better than nearbys, off 17 to 182, while feeder issues ended the day mostly sharply lower, off 55 to 135. 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: 4,841 WEEK TO DATE: 20,246 STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED 105.00 80+ 105.00-105.00 1,718 No reportable trade 105.00 65-80 105.00-105.00 70 105.00 TOTAL 105.00-105.00 1,788 STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB No reportable trade No reportable trade HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED 105.00 80+ 105.00-105.00 913 No reportable trade 105.00 65-80 105.00-105.00 485 105.00 TOTAL 105.00-105.00 1,398 HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB No reportable trade No reportable trade NEBRASKA CONFIRMED CASH SALES: 5,024 WEEK TO DATE: 41,693 STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED 109.00 80+ 109.00-109.00 200 174.92 80+ 170.00-185.00 2,526 109.00 TOTAL 109.00-109.00 200 174.92 TOTAL 170.00-185.00 2,526 STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB No reportable trade No reportable trade HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED 105.00 65-80 105.00-105.00 989 174.74 80+ 170.00-175.00 809 105.00 TOTAL 105.00-105.00 989 174.74 TOTAL 170.00-175.00 809 HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB No reportable trade No reportable trade TEXAS CONFIRMED CASH SALES: 3,246 WEEK TO DATE: 9,790 STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED 105.00 80+ 105.00-105.00 678 No reportable trade 105.00 65-80 105.00-105.00 943 105.00 TOTAL 105.00-105.00 1,621 STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB No reportable trade No reportable trade HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED 105.00 80+ 105.00-105.00 737 No reportable trade 105.00 TOTAL 105.00-105.00 737 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 NA Due to Confidentiality No reportable trade STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB No reportable trade No reportable trade HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED NA Due to Confidentiality No reportable trade HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB No reportable trade No reportable trade IOWA CONFIRMED CASH SALES: 6,388 WEEK TO DATE: 29,455 STEERS - LIVE - FOB STEERS - DRESSED - DELIVERED 108.55 80+ 106.00-110.00 1,311 169.61 80+ 165.00-175.00 2,644 108.55 TOTAL 106.00-110.00 1,311 169.61 TOTAL 165.00-175.00 2,644 STEERS - LIVE - DELIVERED STEERS - DRESSED - FOB No reportable trade No reportable trade HEIFERS - LIVE - FOB HEIFERS - DRESSED - DELIVERED 108.00 80+ 108.00-108.00 40 170.47 80+ 165.00-175.00 492 175.00 65-80 175.00-175.00 40 108.00 TOTAL 108.00-108.00 40 170.81 TOTAL 165.00-175.00 532 HEIFERS - LIVE - DELIVERED HEIFERS - DRESSED - FOB 110.00 80+ 110.00-110.00 32 No reportable trade 110.00 TOTAL 110.00-110.00 32 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.