DTN CATTLE PRICES/TRENDS 12/12 09:15
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS *$129(BID) *$129(BID)
TEXAS *$129(BID) *$129(BID)
DTN COMMENTS: The cash cattle trade is still slow in developing this morning
with just a few scattered bids reported in the South at $129. Asking prices
remain firm at $133-134 in the South and $210 plus in the North. Attractive
basis opportunities could spark some business as early as today, but the
surfacing of significant trade volume on Friday is probably a better bet. Beef
cut-outs are expected to be mixed with moderate box movement.
NOTE: 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 be posted on the Daily Sales Reported to DTN page.
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