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DTN CATTLE PRICES/TRENDS               06/20 14:05

       HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS  DRESSED
KANSAS     200   228.00        .              .              .
NEBRASKA   .    *237.00(BID)   .             *237.00(BID)    .
TEXAS      800   228.00        .              228.00         .
COLORADO   .     .             .              .              .
IOWA       .     .             .              .              .
                         *=PRIVATE SOURCES

DTN COMMENTS: Some very light trade is starting to develop in parts of 
the South this afternoon at $228, $7 lower than last week's weighted 
average basis Texas. Some asking prices remain firm around $231-plus in 
the South and $378-plus in the North. Packer inquiry should continue to 
improve over the next several hours, especially in the South, as the bulk 
of business could essentially be done in Nebraska and Iowa. 

So far this week, dressed deals in the North have been mostly at $376, $4 
lower than last week's weighted averages. While only a small test has 
been reported in the South, Kansas specifically at $231, $5 lower than 
last week's weighted average.

Today's slaughter totaled 102,000 head, 2,000 more than a year ago, but 
16,000 less than a year ago. Saturday's kill is estimated at 1,000 head, 
bringing the weekly total to 554,000 head, 4,000 below the prior week, 
and 62,000 under 2024. Cattle futures closed moderately to mostly sharply 
lower on live contracts, off 62 to 187, and sharply lower on feeder 
issues, off 117 to 172. Beef cutouts are expected to close mixed with 
light to moderate box movement.

The just released June 1 on feed report listed 11.4 million head, down 1% 
from June 2024. Placements in May totaled 1.89 million head, 8% below last 
year; marketings in May totaled 1.76 million head, 10% less than the prior 
year; other disappearance in May totaled 62,000 head, 10% under/above the 
same time last year.

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:     220  WEEK TO DATE:   1,027
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
231.00   80+    231.00-231.00     93  No reportable trade
225.00   65-80  225.00-225.00     68

228.47   total  225.00-231.00    161
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
231.00   80+    231.00-231.00     59  No reportable trade

231.00   total  231.00-231.00     59
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


NEBRASKA  CONFIRMED CASH SALES:   1,468  WEEK TO DATE:  18,462
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
236.93   80+    236.00-237.00    580  376.00   80+    376.00-376.00    463
237.00   65-80  237.00-237.00     76

236.94   total  236.00-237.00    656  376.00   total  376.00-376.00    463
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
237.00   80+    237.00-237.00    191  No reportable trade

237.00   total  237.00-237.00    191
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
NA Due to Confidentiality             NA Due to Confidentiality
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
NA Due to Confidentiality             NA Due to Confidentiality
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
NA Due to Confidentiality             NA Due to Confidentiality
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
NA Due to Confidentiality             NA Due to Confidentiality


IOWA      CONFIRMED CASH SALES:   3,451  WEEK TO DATE:  17,871
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
235.88   80+    235.00-238.00  1,047  376.34   80+    372.00-378.00    560

235.88   total  235.00-238.00  1,047  376.34   total  372.00-378.00    560
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
238.93   80+    236.00-240.00    720  No reportable trade

238.93   total  236.00-240.00    720
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
237.77   80+    237.00-238.00    175  376.00   80+    376.00-376.00     78

237.77   total  237.00-238.00    175  376.00   total  376.00-376.00     78
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade

NOTE: Feedlots are encouraged to call DTN with any cattle sales, at
1-402-461-3561. All sales will be listed anonymously and organized by 
state. All live sales are FOB and set for 1-9-day delivery. A weekly 
summary from this data will be posted on the Weekly Cattle Sales Reported 
to DTN page and will be left up for the entire week for reference 
purposes.

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