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DTN CATTLE PRICES/TRENDS 06/20 08:10
HEAD SOLD LIVE STEERS DRESSED LIVE HEIFERS DRESSED
KANSAS . . . . .
NEBRASKA . . . . .
TEXAS . . . . .
COLORADO . . . . .
IOWA . . . . .
*=PRIVATE SOURCES
DTN COMMENTS: It is a very quiet start to the day in cash cattle country
following a light scattered trade mostly in the North yesterday. Asking
prices are around $231-plus in the South and $278-plus in the North. At
this point no bids have been renewed, but packer inquiry will improve as
the day progresses. Beef cutouts are expected to be higher with light to
moderate box movement.
So far this week, dressed deals in the North have been mostly at $376, $4
lower than last week's weighted averages. While only a small test has
been reported in the South, Kansas specifically at $231, $5 lower than
last week's weighted average.
According to the Export Sales Highlights Report for the period of June 6
to June 12, Net beef sales of 11,700 MT for 2025 were down 24 percent
from the previous week and 9 percent from the prior 4-week average.
Increases primarily for Japan (4,000 MT), South Korea (3,200 MT), Mexico
(1,500 MT), Hong Kong (1,000 MT), and Canada (600 MT), were offset by
reductions for China (100 MT). Exports of 13,600 MT were down 7 percent
from the previous week, but up 3 percent from the prior 4-week average.
The destinations were primarily to South Korea (4,300 MT), Japan (3,800
MT), Mexico (1,300 MT), Canada (1,200 MT), and Taiwan (1,200 MT).
NOTE: Feedlots are encouraged to call DTN with any cattle sales, at
1-402-461-3561. All sales will be listed anonymously and organized by
state. All live sales are FOB and set for 1-9-day delivery. A weekly
summary from this data will be posted on the Weekly Cattle Sales Reported
to DTN page and will be left up for the entire week for reference
purposes.
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