DTN Cattle Prices/Trends 12/07 12:05





DTN CATTLE PRICES/TRENDS               12/07 12:05

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS     .    .             .              .             .
NEBRASKA   .   *156.00(BID)  *246-247(BID)   *156.00(BID)  *246-247(BID)
TEXAS      .    .             .              .             .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
    
DTN COMMENTS:  The country is somewhat quiet at midday, but packer inquiry 
will continue to improve as the day progresses. Some asking prices are 
around $156 to $157 in the South, but still not established in the North. 
Having said all of that, it is possible that significant trade volume could 
be delayed until late this afternoon and/or tomorrow.

The Fed Cattle Exchange Auction held today reported 8 lots (6 lots in TX and 2 
lots in CO), totaling 1,023 head of cattle, none of which sold. Opening prices 
were at $153, high bids had a range of $153 to $153.50, but none of these bids 
met reserve prices of $155 to $156.

Beef cutouts at midday are significantly higher (251.03 +8.38, select 221.36 
+2.22) with moderate to good box movement (48.37 lds of choice cuts, 15.00 
lds of ground, and 14.81 lds of trim). Cattle futures near the top of the 
noon hour are mixed, while feeder contracts are mostly modestly lower.

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:       0  WEEK TO DATE:      60
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


NEBRASKA  CONFIRMED CASH SALES:     371  WEEK TO DATE:     651
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   247.00   80+    247.00-247.00    181
                                      247.00   65-80  247.00-247.00    190

                                      247.00   TOTAL  247.00-247.00    371
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


TEXAS     CONFIRMED CASH SALES:     414  WEEK TO DATE:     414
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
155.00   35-65  155.00-155.00    414  No reportable trade

155.00   TOTAL  155.00-155.00    414
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:     184  WEEK TO DATE:     336
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
153.00   80+    153.00-153.00     92  245.00   80+    245.00-245.00     14

153.00   TOTAL  153.00-153.00     92  245.00   TOTAL  245.00-245.00     14
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade 

NOTE:  Feedlots are encouraged to call DTN with any cattle sales, at
1-800-369-7675, ext. 3678. All sales will be listed anonymously and 
organized by state. All live sales are FOB and set for 1-9-day delivery. A 
weekly summary from this data will be posted on the Weekly Cattle Sales 
Reported to DTN page.

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