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DTN CATTLE PRICES/TRENDS               08/02 07:55

WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 07/26-07/30

STATE  HEAD SOLD   LIVE PR RANGE   DRESSED PR RANGE
KS       3,000     120.00          .
NE       3,600     122.00-123.00   196.00-196.50
TX       2,000     120.00          .
CO           0     .               .
IA       1,000     123.00          196.00

DTN WEEKLY ROUND UP: The majority of trade took place on 
Wednesday and Thursday last week, with just a little cleanup 
on Friday. Northern dressed business had a full range of $195 
to $201, mostly $196, roughly steady with the previous weeks 
weighted average basis Nebraska. (Note that many of the 
dressed sales in Nebraska were set for delivery the week of 
August 9th). Southern live deals had a full range of $116 to 
$123.50, mostly $120, about $1 higher than the prior week's 
weighted averages. According to Thursday's Daily Direct 
Slaughter Cattle Summary reports the accumulated weekly 
average price totals are as follows (the prior week's 
weighted averages are listed in parentheses): KS 
$120.14($119.02); NE $196.99($195.69); TX $119.17($118.78); 
IA $198.05($197.93); CO not available due to confidentiality. 

According to the Friday Afternoon Daily Direct Slaughter 
Cattle reports weekly trade volume totals were as follows: KS 
12,409; NE 20,476; TX 6,486; IA 18,687, CO not available due 
to confidentiality. Friday's slaughter totaled 114,000 head, 
4,000 more than the prior week and 3,000 above the previous 
year. Saturday's kill was estimated at 58,000 head, bringing 
the weekly total to 649,000 head, 1,000 larger than the week 
before, and 13,000 greater than 2020.

DTN MORNING COMMENTS: A typically quiet Monday morning with 
both buyers and sellers busy taking inventory. Bids and asking 
prices are not established as of yet. Significant trade volume 
will likely be delayed until Wednesday or later. Beef cutouts 
are expected to be higher with generally light box movement.

For the week ending July 24, 2021, Imported Beef Passed for 
Entry in the U.S. totaled 45,601, 104.18% of the previous week 
and 105.48% of the 4-week average. 

NOTE:  The price and volume information listed on this page is 
supplied by DTN subscribers in the interest of general cash 
market awareness. All cattle feeding subscribers are encouraged 
to report sales in a timely fashion in order to compensate for 
the systematic delays of mandatory reporting. While all 
transactions will be posted on an anonymous basis, callers are 
required to identify themselves and the location of the actual 
sales. DTN believes this data to be accurate but cannot 
guarantee its specific reliability or whether it fairly 
represents the larger cash market.

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

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