Wednesday, January 17, 2018  
 
 
 
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DTN CATTLE PRICES/TRENDS               01/17 11:55

       HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS  DRESSED
KANSAS     .    *118.00(BID)   .             *118.00(BID)    .
NEBRASKA   .    *118.00(BID)  *189-190(BID)  *118.00(BID)   *189-190(BID)
TEXAS      .     .             .              .              .
COLORADO   .     .             .              .              .
IOWA       .     .             .              .              .
                         *=PRIVATE SOURCES

DTN COMMENTS: The country is fairly quiet at midday with just a few 
scattered bids noted in Kansas and Nebraska. Early asking prices are around 
122.00-123.00 in the South and 195.00 plus in the North. Significant trade 
volume could be delayed until sometime Thursday or Friday. 

The Fed Cattle Exchange Auction today listed a total of 304 head, with 108 
actually sold, 53 head listed as unsold, and 143 head listed as PO (Passed 
Offer). The state by state breakdown looks like this: KS 196 total head, with 
0 head sold, 53 head unsold, 143 head listed as PO ($118.00-$119.50); NE - no 
cattle reported; TX 108 total head, with 108 head sold at $119.75, 0 head 
unsold, and 0 head listed as PO; CO - no cattle reported; IA - no cattle 
reported; other states - no cattle reported. The delivery date/weighted 
averages breakdown is as listed: 1-9 day delivery: 304 head total, 108 head 
sold, with a weighted average price of $119.75; 1-17 day delivery - no cattle 
reported; 10-17 day delivery - no cattle reported; 17-30 day delivery - no 
cattle reported.

Beef cutouts are lower at midday (Choice 205.51 -0.07, Select 199.56 -0.33) 
with light to moderate box movement (43.96 lds of choice cuts, 16.42 lds of 
select cuts, 9.64 lds of trim, and 12.36 lds of ground). Cattle futures are 
sharply higher at midday, supported by short-covering, technical buying and 
cash optimism.

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:         0
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
No reportable trade                   No reportable trade


NEBRASKA CONFIRMED CASH SALES:        0  WEEK TO DATE:         0
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
No reportable trade                   No reportable trade


TEXAS    CONFIRMED CASH SALES:       58  WEEK TO DATE:        58
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
118.00   35-65  118.00-118.00     58  No reportable trade

118.00   TOTAL  118.00-118.00     58


COLORADO CONFIRMED CASH SALES:        0  WEEK TO DATE:         0
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
No reportable trade                   No reportable trade


IOWA     CONFIRMED CASH SALES:       12  WEEK TO DATE:        12
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
No reportable trade                   193.00   80+    193.00-193.00     12

                                      193.00   TOTAL  193.00-193.00     12

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. 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.

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