DTN CATTLE PRICES/TRENDS               09/09 08:00

TOTALS OF WEEKLY SALES REPORTED TO DTN FOR THE WEEK OF: 09/02-09/06

STATE  HEAD SOLD   LIVE PR RANGE   DRESSED PR RANGE
KS       2,100     181.00          .
NE       2,700     181.00          288.00
TX       1,300     181.00          .
CO           0     .               .
IA       1,500     181.00          288.00

DTN WEEKLY ROUND UP:  A light trade took place last week, mostly on 
Thursday with a little cleanup on Friday. Southern live deals were 
marked at $180 to mostly $181, $2 lower than the prior week's 
weighted averages. Northern dressed business had a range of $286 to 
$289, mostly $288, $2 lower than the previous week's weighted 
average basis Nebraska, many of those Nebraska cattle sales were set 
for delayed delivery (the weeks of 9/16/24 to 9/30/24). According to 
Thursday's Daily Direct Slaughter Cattle Negotiated Purchase Summary 
reports, weekly accumulated totals were as follows, (the prior 
week's weighted averages are listed in parentheses). KS 
$180.97($182.67); NE $287.59 ($290.22); TX $181.00($182.98); IA 
$287.22($290.76); CO not available due to confidentiality. 

The Friday Afternoon Daily Direct Slaughter Cattle report lists 
week-to-date trade volume totals as: KS 8,556; NE 15,750; TX 4,232, 
IA 17,113; CO NA due to confidentiality. Friday's slaughter totaled 
123,000 head, 3,000 more than the prior week, but 2,000 less than a 
year ago. Saturday's kill was estimated at 43,000 head, bringing the 
weekly total to 542,000 head, 69,000 below the previous week, and 
17,000 under 2023. The weekly average for boxed beef cutouts and 
boxed beef cuts: choice $310.80(+0.17), select $298.10(+0.08), with 
an average choice select spread of $12.70(+0.08), and a total load 
count including cuts, trimmings, and grinds of 544(-130), (Changes 
from the prior week are listed in parentheses). 

For the week ending August 31, 2024, Imported Beef Passed for Entry 
in the U.S. totaled 50,916, 101.30% of the previous week and 97.02% 
of the 4-week average. 

DTN MORNING COMMENTS: It looks to be a very typical Monday, as both 
packers and producers are busy taking inventory. Bids and asking 
prices are not established and significant trade volume will likely 
be delayed until the second half of the week. Beef cutouts are 
expected to be lower with generally light box movement.

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, 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 
1-402-461-3561. All sales will be listed anonymously and organized 
by state. A weekly summary of 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.