DTN CATTLE PRICES/TRENDS 11/24 10:15
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
DTN COMMENTS: Cattle feeding country is dead quiet this morning with both bids
and asking prices pretty much missing from the table. We can only assume that
cash business is done for the week. Given just moderate trade volume totals,
it's a good bet that next week's fed offering will be somewhat inflated by
unsold cattle carried over. On the other hand, packers should start out on
Monday fairly short bought. Beef cut-outs should be quoted mixed today with
light box movement. Live and feeder futures are mixed near midsession with the
former losing some ground to the latter.
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 also be
posted on the Daily Sales Reported to DTN page.
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