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DTN CATTLE PRICES/TRENDS               08/04 11:50

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS     200  121.00        .              121.00        .
NEBRASKA 3,200  125.00        198.00         125.00        198.00
TEXAS      .    .             .              .             .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
    
DTN COMMENTS: A light trade has begun in parts of the North, at mostly $198, 
$1 higher than last week's weighted average basis Nebraska. Note that most 
of these deals are set for delivery the week of August 16th. So far, just a 
few deals have been reported in Kansas at $121, also $1 higher than last 
week's weighted averages. Asking prices are around $122 plus in the South, 
and $199 plus in the North.

The Fed Cattle Exchange Auction today listed a total of 6,078 head, of which 
1,393 actually sold, and 4,685 head were listed as unsold, as they did not 
meet the reserve prices, that ranged from $118 to $123. Opening prices ranged 
from $118 to $119, high bids ranged from $118 to $122. The state-by-state 
breakdown looks like this: TX 5,897 total head, with 1,393 head sold at $118 
to $122, and 4,504 head went unsold; KS 181 total head, all of which went 
unsold.

Beef cutouts are higher at midday (choice 288.74 +2.90, select 270.09 +2.60) 
with moderate box movement (60.42 lds of choice cuts, 12.46 lds of select 
cuts, 12.87 lds of trim, and 9.74 lds of ground). Cattle futures at midday 
are modestly to sharply higher on live contracts, with nearbys faring better 
than deferreds, while feeder issues are moderately to sharply higher. 

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:       0  WEEK TO DATE:         0
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


NEBRASKA  CONFIRMED CASH SALES:   2,993  WEEK TO DATE:     4,542
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
124.36   80+    123.00-125.00  2,038  197.00   80+    197.00-197.00    600
125.00   65-80  125.00-125.00    131

124.40   TOTAL  123.00-125.00  2,169  197.00   TOTAL  197.00-197.00    600
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   197.00   80+    197.00-197.00     35

                                      197.00   TOTAL  197.00-197.00     35
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   197.00   80+    197.00-197.00     40

                                      197.00   TOTAL  197.00-197.00     40
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


TEXAS     CONFIRMED CASH SALES:     848  WEEK TO DATE:       848
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   No reportable trade
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
117.78   65-80  117.00-120.00    693  No reportable trade

117.78   TOTAL  117.00-120.00    693
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 Confidentiality                    NA confidentiality
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
NA Confidentiality                    NA confidentiality
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
NA Confidentiality                    NA confidentiality
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
NA Confidentiality                    NA confidentiality


IOWA      CONFIRMED CASH SALES:   4,337  WEEK TO DATE:     4,411
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
124.60   80+    123.00-125.00  3,304  197.00   80+    197.00-197.00    116

124.60   TOTAL  123.00-125.00  3,304  197.00   TOTAL  197.00-197.00    116
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
125.00   80+    125.00-125.00    324  196.62   80+    196.00-197.00    204

125.00   TOTAL  125.00-125.00    324  196.62   TOTAL  196.00-197.00    204
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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