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DTN CATTLE PRICES/TRENDS               07/18 09:20

KANSAS     .    .             .              .             .
NEBRASKA   .   *113.00(BID)  *182.00(BID)   *113.00(BID)  *182.00(BID)
TEXAS      .    .             .              .             .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
DTN COMMENTS: The country is slow to start this morning with just a few bids 
being renewed, following a light to moderate trade in some areas yesterday. 
Kansas started off trading cattle first with live deals at $111, roughly $1 
lower than last week's weighted average. Nebraska and Iowa trade developed a 
little later with a range of $183 to $185, mostly $183, generally steady 
with last week's weighted average basis Nebraska (note that the upper end of 
the range was done by Regionals, and some of these were set for delayed 
delivery). Texas only reported a few deals at $111, but the majority of 
those bids were passed.  Asking prices today are around $112 plus in the 
South, and $183 to $184 in the North. Beef cutouts are expected to be lower 
with light to moderate box movement.

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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