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DTN CATTLE PRICES/TRENDS               01/26 14:50

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS   1,900  136, Few 137  .              136.00        .
NEBRASKA   .    .             .              .             .
TEXAS    1,000  136-137       .              137.00        .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
    
DTN COMMENTS: A light trade has been reported in parts of Kansas at mostly 
$136, Texas business is at mostly $137. The North is rather quiet. Some 
asking prices remain firm around $138 in the South, and $220 in the North. 
So far, this week Southern live deals have been marked at $137, fully steady 
with last week's weighted averages. Northern dressed transactions were 
marked at $218, also fully steady with the prior week, basis Nebraska. 

The Fed Cattle Exchange Auction today listed a total of 2,904 head (TX 1,438 
head, KS 987 head, IA 203 head, NE 120 head, OK 121 head, CA 35 head), all of 
which went unsold, as they did not meet the reserve prices, that ranged from 
$130 to $138.50. Opening prices ranged from $125 to $136.50, high bids ranged 
from $130 to $138.50. Another auction is scheduled for tomorrow.

Today's slaughter totaled 118,000 head, 3,000 more than last week, but 2,000 
less than a year ago. Cattle futures closed mostly moderately to sharply 
higher on both live (up 70 to 180) and feeder (up 17 to 130) contracts. Beef 
cutouts are expected to close lower 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:   1,971  WEEK TO DATE:     1,971
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
137.00   80+    137.00-137.00  1,078  218.00   80+    218.00-218.00    184
137.00   65-80  137.00-137.00    277

137.00   TOTAL  137.00-137.00  1,355  218.00   TOTAL  218.00-218.00    184
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
137.00   80+    137.00-137.00    113  217.00   80+    217.00-217.00     80
137.00   65-80  137.00-137.00    129

137.00   TOTAL  137.00-137.00    242  217.00   TOTAL  217.00-217.00     80
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


NEBRASKA  CONFIRMED CASH SALES:  16,595  WEEK TO DATE:    16,595
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
137.00   80+    137.00-137.00  3,265  218.02   80+    218.00-218.50  5,751
                                      218.00   65-80  218.00-218.00    186

137.00   TOTAL  137.00-137.00  3,265  218.02   TOTAL  218.00-218.50  5,937
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
138.81   80+    138.00-139.00  1,630  218.00   80+    218.00-218.00    234

138.81   TOTAL  138.00-139.00  1,630  218.00   TOTAL  218.00-218.00    234
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
137.00   80+    137.00-137.00  1,536  218.00   80+    218.00-218.00  1,750
                                      218.00   65-80  218.00-218.00    116

137.00   TOTAL  137.00-137.00  1,536  218.00   TOTAL  218.00-218.00  1,866
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
139.00   80+    139.00-139.00    490  No reportable trade

139.00   TOTAL  139.00-139.00    490


TEXAS     CONFIRMED CASH SALES:   2,149  WEEK TO DATE:     2,149
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
137.00   80+    137.00-137.00    170  No reportable trade
136.82   65-80  136.00-137.00    607
136.77   35-65  135.00-137.00    565

136.82   TOTAL  135.00-137.00  1,342
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
137.00   80+    137.00-137.00    341  No reportable trade
137.00   65-80  137.00-137.00    305

137.00   TOTAL  137.00-137.00    646
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             NA due to confidentiality
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
NA due to confidentiality             NA due to confidentiality
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
NA due to confidentiality             NA due to confidentiality
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
NA due to confidentiality             NA due to confidentiality


IOWA      CONFIRMED CASH SALES:   6,242  WEEK TO DATE:     6,671
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
137.01   80+    136.00-138.00  1,718  218.00   80+    218.00-218.00  2,698
                                      218.00   65-80  218.00-218.00     80

137.01   TOTAL  136.00-138.00  1,718  218.00   TOTAL  218.00-218.00  2,778
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
136.83   80+    136.00-137.00    677  218.00   80+    218.00-218.00    954

136.83   TOTAL  136.00-137.00    677  218.00   TOTAL  218.00-218.00    954
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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