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DTN CATTLE PRICES/TRENDS               06/01 11:45

KANSAS   1,500  175-178       .              175-178       .
NEBRASKA   800  183-185       292.00         183.00 WEST   292.00
TEXAS    1,200  175.00        .              175.00        .
COLORADO   .   *185.00(BID)   .             *185.00(BID)   .
IOWA       .   *185.00(BID)  *290.00(BID)   *185.00(BID)  *290.00(BID)
                               *PRIVATE SOURCES     
DTN COMMENTS: Some light trade is developing in parts of Nebraska, with 
dressed deals marked at $291, nearly $7 higher than last week's weighted 
average. The South is also selling cattle with live business marked at $175, 
about $4 higher than last week's weighted average, Kansas has some cattle 
marked as high as $178. Some sellers continue to be somewhat secretive about 
asking prices and they have yet to be fully established. 

Some very light scattered business was reported by Mandatory in parts of the 
North Wednesday at $280 to $283, but this is not likely to set an accurate 
trend for the week.

Beef cutouts are higher at midday (choice 307.07 +1.23, select 287.16 +0.01) 
with moderate box movement (50.77 lds of choice cuts, 17.84 lds of select 
cuts, 0.00 lds of trim, and 3.16 lds of ground). Cattle futures at midday 
are sharply higher on both live and feeder contracts.

NOTE:  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. 
All live sales are FOB and set for 1-9-day delivery. A weekly summary from 
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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