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DTN CATTLE PRICES/TRENDS               09/25 08:00

WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 09/18-09/22

STATE  HEAD SOLD   LIVE PR RANGE   DRESSED PR RANGE
KS       2,800     183.00          .
NE       2,700     184.00          292.00
TX       1,000     183.00          .
CO           .     .               .
IA         700     184.00          292.00-293.00

DTN WEEKLY ROUND UP:  A light to moderate trade took place 
last week, starting out on Wednesday and went through Friday 
with the bulk of sales taking place on Thursday. Northern 
dressed business had a full range of $285 to $293, mostly 
$292, generally steady with the prior week's weighted 
averages. Southern live deals ranged from $182 to $186, 
mostly $183, also about steady with the previous week's 
weighted averages. According to Thursday's Daily Direct 
Slaughter Cattle Summary reports, the accumulated weekly 
average price totals were as follows, (the prior week's 
weighted averages are listed in parentheses). KS 
$183.04($182.62); NE $291.88($291.79); TX $182.97($182.44); 
IA $291.81($291.95); CO not available due to confidentiality. 

The Friday Afternoon Daily Direct Slaughter Cattle report 
lists week-to-date trade volume totals as: KS 8,711; NE 
24,040; TX 5,019; IA 25,121; CO not available due to 
confidentiality. Friday's slaughter totaled 114,000 head, 
7,000, less than the prior week and 12,000 below the previous 
year. Saturday's kill was estimated at 13,000 head, bringing 
the weekly total to 625,000 head, 7,000 down from the week 
before, and 46,000 under 2022. The weekly averages for boxed 
beef cutouts and boxed beef cuts: choice $302.79(-4.76), 
select $280.66(-4.62), with an average choice select spread 
of $22.13(-0.14), and a total load count including cuts, 
trimmings, and grinds of 703(+17). Changes from the prior 
week are listed in parentheses.

For the week ending September 16, 2023, Imported Beef Passed 
for Entry in the U.S. totaled 47,447, 119.53% of the previous 
week and 106.03% of the 4-week average. 

DTN MORNING COMMENTS: It looks to be a typically quiet Monday 
with both buyers and sellers busy taking inventory and 
preparing for the week ahead. Bids and asking prices are not 
established, and probably will not be until Wednesday or later. 
Significant trade volume will likely be delayed until the 
second half of the week. Beef cutouts are expected to be higher 
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.

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