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Wednesday, June 16, 2021  
 
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DTN CATTLE PRICES/TRENDS               06/16 11:00

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS   1,500  122           .              122           .
NEBRASKA   900  124           195            124          *195(BID)
TEXAS      .    .             .              .             .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
    
DTN COMMENTS: A light trade is being reported in parts of Nebraska, and 
Kansas this morning at fully steady money with yesterday's advance. Northern 
dressed deals were at $193 to $195, $2 to $4 higher than last week's 
weighted average basis Nebraska (most set for delivery the week of June 28). 
Southern live trade was at $120 to $122, steady to $2 higher than last 
week's weighted averages. More trade is likely to take place throughout the 
week. Asking prices for cattle left on showlists are around $122 plus in the 
South, and $195 to $197 in the North. 

The Fed Cattle Exchange Auction today listed a total of 6,049 head, of which 
889 actually sold, 712 head were scratched from the auction, and 4,448 head 
were listed as unsold, as they did not meet the reserve prices, that ranged 
from $120 to $122.50. Opening prices ranged from $118 to $120, high bids 
ranged from $119.25 to $122.50. The state by state breakdown looks like this: 
TX 5,585 total head, with 793 head sold at $121 to $122.50, 678 head were 
scratched from the auction, and 4,114 head went unsold; KS 339 total head, 
with 27 head sold at $119.25, 34 head were scratched from the auction, and 27 
head went unsold; OK 125 total head, with 61 head sold at $122, 64 head went 
unsold.

Beef cutouts are lower near midday (choice 331.51 -2.92, select 291.72 -
6.56) with light to moderate box movement (47.82 lds of choice cuts, 20.12 
lds of select cuts, 17.11 lds of trim, and 6.93 lds of ground).

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. 
General trends and summaries from this data will also be posted on the Daily 
Sales Reported to DTN page.

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