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DTN CATTLE PRICES/TRENDS               06/23 12:00

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

DTN COMMENTS:  The cash cattle trade is at a standstill at midday with 
business essentially done for the week. For the second consecutive week cash 
prices have plunged sharply lower, losing nearly $20.00 since early June. 
Positively, beef processing margins continue to balloon, theoretically 
encouraging packers to accelerate chain speed and procure greater cattle 
numbers.  

Beef cutouts are mixed at midday (Choice 239.50 -3.38, Select 217.01 +0.09) 
with very light box movement (23.25 lds of choice cuts 9.62 lds of select 
cuts, 3.85 lds of trim, and 5.15 lds of ground). Note that choice box is 
sharply lower. Cattle futures are mixed near the top of the noon hour as 
traders position before the weekend break as well as on feed news scheduled 
to be released this afternoon. 

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:    2,408  WEEK TO DATE:    15,282
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
120.36   80+    120.00-121.00    393  No reportable trade
119.79   65-80  119.00-120.00    335

120.10   TOTAL  119.00-121.00    728
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
119.87   80+    119.00-120.00    580  No reportable trade
120.00   65-80  120.00-120.00    333

119.92   TOTAL  119.00-120.00    913


NEBRASKA CONFIRMED CASH SALES:    9,898  WEEK TO DATE:    34,899
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
119.00   80+    119.00-119.00    916  192.34   80+    190.00-195.00    687
119.09   65-80  119.00-121.00  2,533  189.53   65-80  186.00-195.00  2,466
                                      190.00   35-65  190.00-190.00    194

119.07   TOTAL  119.00-121.00  3,449  190.13   TOTAL  186.00-195.00  3,347
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
119.00   80+    119.00-119.00     99  193.00   80+    193.00-193.00    188
119.42   65-80  119.00-120.00    595  192.63   65-80  190.00-195.00    920

119.36   TOTAL  119.00-120.00    694  192.69   TOTAL  190.00-195.00  1,108


TEXAS    CONFIRMED CASH SALES:        0  WEEK TO DATE:     3,747
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
No reportable trade                   No reportable trade


COLORADO CONFIRMED CASH SALES:      441  WEEK TO DATE:    11,236
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
119.00   80+    119.00-119.00    148  No reportable trade
119.00   65-80  119.00-119.00    237

119.00   TOTAL  119.00-119.00    385
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
119.00   65-80  119.00-119.00     56  No reportable trade

119.00   TOTAL  119.00-119.00     56


IOWA     CONFIRMED CASH SALES:    3,349  WEEK TO DATE:    16,488
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
119.83   80+    119.00-121.00    504  191.03   80+    190.00-192.00    228
118.88   65-80  118.00-119.00    634  191.02   65-80  190.00-192.00    313

119.30   TOTAL  118.00-121.00  1,138  191.02   TOTAL  190.00-192.00    541
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
119.15   80+    119.00-120.00    235  190.43   65-80  190.00-191.00    168
119.00   65-80  119.00-119.00    349

119.06   TOTAL  119.00-120.00    584  190.43   TOTAL  190.00-191.00    168

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

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