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DTN CATTLE PRICES/TRENDS               04/25 11:50

       HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS  DRESSED
KANSAS     .    *119.00(BID)   .             *119.00(BID)    .
NEBRASKA   .     .             .              .              .
TEXAS      .     .             .              .              .
COLORADO   .     .             .              .              .
IOWA       .     .             .              .              .
                         *=PRIVATE SOURCES

DTN COMMENTS:  Feedlot trade remains at a standstill at midday with most 
buyers and sellers assuming that significant business will not develop until 
Thursday or Friday. A few showlists in the South have been priced around 
125.00 on a live basis. Producers have been quite successful in terms of 
late week leverage, so it won't be surprising if feedlot managers dig in 
until late Friday.  

Beef cutouts are significantly higher at midday (choice 218.61 +0.96, select 
203.66 +1.55) with light to moderate box movement (40.99 lds of choice cuts, 
19.95 lds of select cuts, 11.40 lds of trim, and 12.33 lds of ground). 
Cattle futures are higher at midday with feeder contracts outperforming 
their live counterparts.

The Fed Cattle Exchange Auction today listed a total of 3,194 head, with 0 
actually sold, 2,966 head listed as unsold, and 228 head listed as PO (Passed 
Offer). The state by state breakdown looks like this: KS 365 total head, with 
0 head sold, 137 head unsold, 228 head listed as PO ($120.25-$121.00); NE 
2,829 total head, with 0 head, 2,829 head unsold, and 0 head listed as PO; TX 
- no cattle reported; CO - no cattle reported; IA - no cattle reported; other 
states (OK, SD, MN) - no cattle reported. The delivery date/weighted averages 
breakdown is as listed: 1-9 day delivery: 3,194 head total, 0 head sold; 1-17 
day delivery - no cattle reported; 10-17 day delivery - no cattle reported; 
17-30 day delivery - no cattle reported.

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:    2,792  WEEK TO DATE:     2,792
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
121.00   65-80  121.00-121.00    893  No reportable trade
121.00   35-65  121.00-121.00    272

121.00   TOTAL  121.00-121.00  1,165
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
121.00   65-80  121.00-121.00  1,294  No reportable trade
121.00   35-65  121.00-121.00    333

121.00   TOTAL  121.00-121.00  1,627
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


NEBRASKA CONFIRMED CASH SALES:      344  WEEK TO DATE:       415
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
118.00   80+    118.00-118.00    344  No reportable trade

118.00   TOTAL  118.00-118.00    344
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


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


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


IOWA     CONFIRMED CASH SALES:      390  WEEK TO DATE:     1,889
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
123.50   80+    123.50-123.50    370  No reportable trade

123.50   TOTAL  123.50-123.50    370
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade
 
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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