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DTN CATTLE PRICES/TRENDS               01/16 23:45


***NOTE: This page will not update on Monday, January 17***
               ****due to the Federal Holiday****

KS       2,700     135.00-137      .
NE       3,000     137.00-138      218.00
TX       1,700     136.00-137.00   .
CO         200     137.00          .
IA         900     138.00          218.00

DTN WEEKLY ROUND UP:  The majority of business took place on 
Tuesday and Wednesday last week, with a little cleanup on 
both Thursday and Friday. Southern business had a range of 
$134 to $137, mostly $136 to $137, steady to $2 lower than 
the prior week's weighed averages. Northern dressed trade 
ranged from $217 to $220, mostly $218, $2 lower than last 
week's weighted average basis Nebraska. According to 
Thursday's Daily Direct Slaughter Cattle Summary reports the 
accumulated weekly average price totals are as follows (the 
prior week's weighted averages are listed in parentheses): KS 
$135.58($137.12); NE $218.00 ($220.00); TX $136.18($138.00); 
IA $218.00($219.92); CO not available due to confidentiality.

According to the Friday Afternoon Daily Direct Slaughter 
Cattle reports weekly trade volume totals were: KS 13,120; NE 
17,344; TX 6,265; IA 12,034, CO not available due to 
confidentiality.  Friday's slaughter totaled 113,000 head, 
1,000 more than the prior week, but 2,000 smaller than the 
previous year. Saturday's kill is estimated at 53,000 head, 
bringing the weekly total to 621,000, 1,000 head greater than 
the week before, but 31,000 less than 2021. 

The weekly averages for boxed beef cutouts and boxed beef 
cuts: choice $280.27(+12.24), select $270.57(+10.67), with an 
average choice select spread of $9.70(+1.57), and a total 
load count including cuts, trimmings, and grinds of 622(-73). 
Changes from the prior week are listed in parentheses.

For the week ending January 07, 2022, Imported Beef Passed for 
Entry in the U.S. totaled 43,669, 82.78% of the previous week 
and 94.00% of the 4-week average. 

DTN MORNING COMMENTS: It looks like it will be a typically 
quiet Monday with both packers and producers busy taking 
inventory. Bids and asking prices will not likely be 
established. Significant trade volume will probably be delayed 
until Wednesday or later. 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 in order 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 
1-800-369-7675, ext. 3678. All sales will be listed anonymously 
and organized by state. General volumes and summaries from this 
data will also be posted on the Daily Sales Reported to DTN 

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