DTN Cattle Prices/Trends                09/25 11:50
         HEAD   LIVE                      LIVE
         SOLD  STEERS   DRESSED         HEIFERS        DRESSED
KANSAS*       $220 bid
NEBRASKA*               $345 bid
TEXAS*        $220 bid
COLORADO*
IOWA*
            *=PRIVATE SOURCES, B = Bid

DTN COMMENTS:
Some light interest has developed in the fed cash cattle market, but no new 
trade has developed yet today. Heading into Friday's noon hour, bids of $220 
are on the table in both Texas and Kansas, and bids of $345 have been renewed 
in Nebraska. Trade could cut loose and begin to develop at any minute. Asking 
prices are noted in the South at $228. 

NOTE: Feedlots are encouraged to email DTN with any cattle sales at
ShayLe.Stewart@dtn.com. 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.

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: Confidential
        WEEK TO DATE:   Confidential
STEERS - LIVE FOB                       STEERS - DRESSED - DELIVERED 
*       80+            -                *       80+          -
        60-80          -                        60-80        -
        35-65          -                        35-65        -
        TOTAL          -                        TOTAL        -
STEERS - LIVE - DELIVERED               STEERS - DRESSED - FOB 
*                      -                *                    -
HEIFERS - LIVE - FOB                    HEIFERS - DRESSED - DELIVERED 
*       80+            -                        80+          -
*       TOTAL          -                        TOTAL        -
HEIFERS - LIVE - DELIVERED              HEIFERS - DRESSED - FOB 
*       80+            -                *       80+          -
*       TOTAL          -                *       TOTAL        -
 * = No reportable trade.

NEBRASKA   
  CONFIRMED CASH SALES:     3,799
        WEEK TO DATE:       7,783
STEERS - LIVE FOB                       STEERS - DRESSED - DELIVERED 
223.00  80+      223.00-223.00      530 346.95  80+    345.00-350.00 1,986
        65-80          -                        65-80        -
                                                35-65        -
223.00  TOTAL    223.00-223.00      530 346.95  TOTAL  345.00-350.00 1,986
STEERS - LIVE - DELIVERED               STEERS - DRESSED - FOB 
*                                       *       80+          -
*       TOTAL          -                *       TOTAL        -
HEIFERS - LIVE - FOB                    HEIFERS - DRESSED - DELIVERED 
220.00  80+      220.00-220.00      176 348.00  80+    345.00-350.00   619
                                                65-80        -
                                                35-65        -
220.00  TOTAL    220.00-220.00      176 348.00  TOTAL  345.00-350.00   619
HEIFERS - LIVE - DELIVERED              HEIFERS - DRESSED - FOB 
*       80+            -                *       80+          -
*       TOTAL          -                *       TOTAL        -
 * = No reportable trade.

1OWA\MINNESOTA   
  CONFIRMED CASH SALES:     5,484
        WEEK TO DATE:       6,995
STEERS - LIVE FOB                       STEERS - DRESSED - DELIVERED 
219.82  80+      219.00-220.00    1,965 349.77  80+    342.00-355.00 1,951
219.82  TOTAL    219.00-220.00    1,965 349.77  TOTAL  342.00-355.00 1,951
STEERS - LIVE - DELIVERED               STEERS - DRESSED - FOB 
*       80+            -                *       80+          -
*       TOTAL          -                *       TOTAL        -
HEIFERS - LIVE - FOB                    HEIFERS - DRESSED - DELIVERED 
221.07  80+      220.00-223.00      654 347.87  80+    345.00-350.00   419
221.07  TOTAL    220.00-223.00      654 347.87  TOTAL  345.00-350.00   419
HEIFERS - LIVE - DELIVERED              HEIFERS - DRESSED - FOB 
220.00  80+      220.00-220.00       80 *       80+          -
220.00  TOTAL    220.00-220.00       80 *       TOTAL        -
 * = No reportable trade.

DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS 
AM BEEF CUTOUT     9/25 CHOICE          SELECT
 (600-900#)              $378.09   1.97 $355.25    3.15
CHOICE/SELECT SPREAD:     $22.84        LOADS:       73
               CH CUTS  SEL CUTS           TRIM GROUND
        LOADS:    47.79      3.79           4.77  16.85