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DTN CATTLE PRICES/TRENDS               02/26 10:10

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS     .    .             .              .             .
NEBRASKA   .   *184-187(BID)  .             *184-187(BID)  .
TEXAS      .    .             .              .             .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
    
DTN COMMENTS:  A few bids are on the table at midmorning. The $187 bids have 
been renewed by a Major in Eastern Nebraska for delivery next week, the rest 
of cattle country remains rather quiet at midmorning. A light to moderate 
trade took place in most areas yesterday. Northern dressed trade ranged from 
$185 to $187, mostly $187, roughly $3 lower than last week's weighted 
average basis Nebraska. Southern live deals were at $115, generally $5 lower 
than the prior week's weighted averages. Asking prices for cattle left on 
showlists are around $117 plus in the South, and $187 plus in the North. 
Beef cutouts are expected to be mixed, with light to moderate box movement.

The Fed Cattle Exchange Auction reported a total of 755 head, of which 627 
head sold today. There was a total of five lots, one in Texas and four in 
Kansas. Only one lot in Kansas did not sell. All started with $115 asking 
prices and those that sold went for $115.25, most lots were set for 1-9 day 
delivery, and one lot in Kansas is set for 1-17 day delivery.

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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