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DTN CATTLE PRICES/TRENDS               11/29 07:55

WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 11/22-11/26

STATE  HEAD SOLD   LIVE PR RANGE   DRESSED PR RANGE
KS       3,200     138.00-140.00   .
NE       3,800     138.00-140.00   218.00-220.00
TX       2,700     138.00-140.00   .
CO         900     137.00-140.00   .
IA       1,600     138.00-140.00   218.00-220.00

DTN WEEKLY ROUND UP: The majority of last week's trade took 
place on Tuesday and Wednesday, with just a little cleanup on 
Friday. Southern live trade had a full range of $135 to $140 
mostly $138 to $140, roughly $6 higher than the previous 
week's weighted averages. Northern dressed business had a 
full range of $210 to $220, mostly $218 to $220, generally 
$7.50 higher than the prior week's weighted average basis 
Nebraska. According to Wednesday'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 $139.20($133.05); NE 
$217.07($209.53); TX $138.83($133.14); IA $214.75($209.73); 
CO $139.74($133.78). 

According to the Friday Afternoon Daily Direct Slaughter 
Cattle reports weekly trade volume totals were: KS 19,540; NE 
34,877; TX 11,881; IA 25,116, CO 1,676. Friday's slaughter 
totaled 119,000 head, 2,000 less than the prior week but 
7,000 more than the previous year. Saturday's kill was 
estimated at 81,000 head, bringing the weekly total to 
566,000 head, not comparable to the non-holiday week before, 
but 2,000 higher than 2020. The weekly averages for boxed 
beef cutouts and boxed beef cuts: choice $279.25(-0.42), 
select $263.04(-1.95), with an average choice select spread 
of $16.21(+1.52), and a total load count including cuts, 
trimmings, and grinds of 497(-260). Changes from the prior 
week are listed in parentheses.

For the week ending November 20, 2021, Imported Beef Passed for 
Entry in the U.S. totaled 49,558, 104.74% of the previous week 
and 106.21% of the 4-week average. 

DTN MORNING COMMENTS: We are expecting a typically quiet Monday 
morning with both buyers and sellers busy taking inventory. 
Bids and asking prices have yet to be established. Significant 
trade volume will likely be delayed until Wednesday or later. 
Beef cutouts are expected to be mixed 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 
page.

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