Wednesday, January 27, 2021  
 
 
 
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DTN CATTLE PRICES/TRENDS               01/27 14:10

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS     .   *112.00(BID)   .             *112.00(BID)   .
NEBRASKA   .    .            *173.00(BID)    .            *173.00(BID)
TEXAS      .   *112.00(BID)   .             *112.00(BID)   .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
    
DTN COMMENTS: A few more bids are now on the table. Asking prices are around 
$115 plus in the South and $182 to $185 in the North. Having said all of 
that, it is looking like significant trade volume will likely be delayed 
until Thursday or later. 

The Fed Cattle Exchange Auction today listed a total of 1,570 head, of which 
1,128 actually sold, 442 head were listed as unsold, as they did not meet the 
reserve prices that ranged from $112.50 to $115. Opening prices were at $111 
to $112, high bids ranged from $112.75 to $113. The state by state breakdown 
looks like this: KS 150 total head, all of which went unsold; TX 1,193 total 
head, with 901 head sold at $112.75-$113, 292 head went unsold; OK 227 total 
head, all of which sold at $113.

Today's slaughter totaled 119,000 head, 1,000 below last week, and 5,000 
less than a year ago. Cattle futures closed moderately lower on live 
contracts off 42 to 72, while feeders ended the day mostly sharply lower off 
2 to 167. Beef cutouts are expected to close higher with moderate box 
movement.

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:       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


NEBRASKA  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


TEXAS     CONFIRMED CASH SALES:   1,187  WEEK TO DATE:     1,187
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
112.55   65-80  112.55-112.55    542  No reportable trade

112.55   TOTAL  112.55-112.55    542
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
112.55   65-80  112.55-112.55    570  No reportable trade

112.55   TOTAL  112.55-112.55    570
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


COLORADO  CONFIRMED CASH SALES: NA Conf  WEEK TO DATE:   NA Conf
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
NA due to confidentiality             No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
NA due to confidentiality             No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


IOWA      CONFIRMED CASH SALES:   1,383  WEEK TO DATE:     3,184
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
110.00   80+    110.00-110.00  1,178  No reportable trade

110.00   TOTAL  110.00-110.00  1,178
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
110.00   80+    110.00-110.00    112  173.00   80+    173.00-173.00     41

110.00   TOTAL  110.00-110.00    112  173.00   TOTAL  173.00-173.00     41
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, 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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