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DTN CATTLE PRICES/TRENDS               07/16 10:00

KANSAS     .    .             .              .             .
NEBRASKA   .   *96.50(BID)   *157.00(BID)   *96.50(BID)   *157.00(BID)
TEXAS      .    .             .              .             .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
DTN COMMENTS:  The country is slow to start this morning, with just a few 
scattered bids on the table. Asking prices are around $97 in the South, and 
$158 to $160 in the North. Light to moderate trade has taken place this week 
at $95 to $97, mostly $95 in the South, fully steady with the bulk of the 
prior week's business. Northern dressed deals have had a range of $152 to 
$160, mostly $157 to $160, steady to $3 higher than last week's weighted 
average basis Nebraska. Having said all of that, we should need to see more 
trade this week, especially in the North. Beef cutouts are expected to be 
mixed 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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