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DTN CATTLE PRICES/TRENDS               02/25 14:55

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS     .   *114(BID)      .             *114(BID)      .
NEBRASKA 2,000  114           182            114          *179-180(BID)
TEXAS      .    .             .              .             .
COLORADO   .    .             .              .             .
IOWA       900  115.50        182            115.50        182
                               *PRIVATE SOURCES     
    
DTN COMMENTS: A light trade is being reported in parts of Nebraska at $182, 
a little more than $1 higher than last week's weighted average basis 
Nebraska, and at $114, which is roughly steady with last week's weighted 
average basis Nebraska. A few more bids are now on the table in other areas. 
Asking prices are around $115 to $116 in the South and $185 plus in the 
North. 

A light scattered trade took place yesterday with Southern live trade marked 
at $114, fully steady with last week's weighted averages. Northern dressed 
business was at mostly $181, roughly .50 higher than last week's weighted 
average basis Nebraska.

The Special Fed Cattle Exchange Auction today listed a total of 790 head (TX 
662 head, KS 54 head, OK 74 head), of which none sold, as they did not meet 
the reserve prices, that ranged from $115 to $116. Opening prices were at 
$113.50, high bids ranged from $114.25 to $114.50. 

Today's slaughter totaled 121,000 head, 10,000 more than last week, but 
2,000 below a year ago. Live cattle futures closed mixed, mostly lower, off 
60 to up 42 (note the soon to expire spot February contract is up 42). 
Feeder issues ended the day mostly moderately higher, up 5 to 62. Beef 
cutouts are expected to close lower with generally light 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:   1,921  WEEK TO DATE:     1,921
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
114.00   80+    114.00-114.00    456  No reportable trade
114.00   65-80  114.00-114.00    370
114.00   35-65  114.00-114.00     63

114.00   TOTAL  114.00-114.00    889
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
114.00   80+    114.00-114.00    323  No reportable trade

114.00   TOTAL  114.00-114.00    323
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


NEBRASKA  CONFIRMED CASH SALES:   3,334  WEEK TO DATE:     4,213
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
114.00   80+    114.00-114.00    710  181.00   80+    181.00-181.00    805

114.00   TOTAL  114.00-114.00    710  181.00   TOTAL  181.00-181.00    805
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   181.00   80+    181.00-181.00     77

                                      181.00   TOTAL  181.00-181.00     77
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
113.52   80+    113.50-114.00    792  181.00   80+    181.00-181.00     84

113.52   TOTAL  113.50-114.00    792  181.00   TOTAL  181.00-181.00     84
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


TEXAS     CONFIRMED CASH SALES:   2,567  WEEK TO DATE:     3,648
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
114.00   80+    114.00-114.00    321  No reportable trade
114.15   65-80  114.00-114.25    270
114.00   35-65  114.00-114.00    504

114.04   TOTAL  114.00-114.25  1,095
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
114.25   65-80  114.25-114.25    250  No reportable trade
114.00   35-65  114.00-114.00    414

114.09   TOTAL  114.00-114.25    664
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:   1,785  WEEK TO DATE:     2,623
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
114.00   80+    114.00-114.00    895  179.62   80+    179.00-181.00    472

114.00   TOTAL  114.00-1147.00   895  179.62   TOTAL  179.00-181.00    472
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
114.00   80+    114.00-114.00     36  181.00   80+    181.00-181.00    185

114.00   TOTAL  114.00-114.00     36  181.00   TOTAL  181.00-181.00    185
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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