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DTN CATTLE PRICES/TRENDS               03/24 14:10

       HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS  DRESSED
KANSAS     .    *127.00(BID)   .             *127.00(BID)    .
NEBRASKA   500  *126.00(BID)   210.00        *126.00(BID)    210.00
TEXAS      .     .             .              .              .
COLORADO   .     .             .              .              .
IOWA       .     .            *215.00(BID)    .             *215.00(BID)
                         *=PRIVATE SOURCES

DTN COMMENTS: The country remains quiet this afternoon, with just a few sold 
in Nebraska at 210.00, $3.00 higher than last week's weighted average. But 
it is looking like some are willing to wait until after the on feed report 
is released to move any cattle. Or we have heard that some are not even in 
the market this week and have already it called it a day. Asking prices 
remain firm around 132.00 plus in the South and 217.00 plus in the North. 

The March 1 on feed report released this afternoon looks generally neutral 
compared with trade expectations: on feed 100%; placed in February 99%; 
marketed in February 104%. A little CME reaction is expected when trade 
resumes on Monday. 

Today's slaughter totaled 114,000 head, 15,000 more than last week, and 
20,000 greater than a year ago. Saturday's kill is estimated at 36,000, 
bringing the weekly total to 613,000 head 25,000 above the previous week, 
and 75,000 higher than 2016. Cattle futures closed mostly lower on both live 
and feeder issues. Beef cutouts are expected to close lower with light to 
moderate 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:      577  WEEK TO DATE:     4,935
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
126.00   80+    126.00-126.00     44  No reportable trade
126.00   65-80  126.00-126.00    320

126.00   TOTAL  126.00-126.00    364
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
126.00   80+    126.00-126.00    142  No reportable trade
126.00   65-80  126.00-126.00     71

126.00   TOTAL  126.00-126.00    213


NEBRASKA CONFIRMED CASH SALES:    8,683  WEEK TO DATE:    12,910
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
134.50   65-80  134.50-134.50    664  213.73   80+    210.00-215.00  1,025
                                      212.40   65-80  210.00-215.00  2,427
                                      210.00   35-65  210.00-210.00     71

134.50   TOTAL  134.50-134.50    664  212.74   TOTAL  210.00-215.00  3,523
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
134.50   65-80  134.50-134.50    116  212.47   80+    210.00-215.00    494
                                      214.33   65-80  210.00-215.00    796

134.50   TOTAL  134.50-134.50    116  213.61   TOTAL  210.00-215.00  1,290


TEXAS    CONFIRMED CASH SALES:        0  WEEK TO DATE:       375
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
No reportable trade                   No reportable trade


COLORADO CONFIRMED CASH SALES:      260  WEEK TO DATE:       407
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
No reportable trade                   No reportable trade


IOWA     CONFIRMED CASH SALES:    4,911  WEEK TO DATE:     7,592
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
134.26   80+    132.00-137.00    399  215.19   80+    213.00-218.00    930
130.04   65-80  127.00-132.00    191  213.17   65-80  211.00-215.00    530

132.89   TOTAL  127.00-137.00    590  214.46   TOTAL  211.00-218.00  1,460
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
128.77   80+    127.00-130.00    208  214.67   80+    214.00-215.00    120

128.77   TOTAL  127.00-130.00    208  214.67   TOTAL  214.00-215.00    120

NOTE:  Feedlots are encouraged to call DTN with any cattle sales, at
1-800-369-7675, 1-402-399-6402, or 1-402-462-8897. All sales will be listed 
anonymously and organized by state.  General trends and summaries from this 
data will be posted on the Daily Sales Reported to DTN page.

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