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DTN CATTLE PRICES/TRENDS               05/25 11:40

       HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS  DRESSED
KANSAS     .    *110.00(BID)   .             *110.00(BID)    .
NEBRASKA   .    *108.00(BID)  *175-179(BID)  *110.00(BID)   *175-179(BID)
TEXAS      .    *110.00(BID)   .             *108.00(BID)    .
COLORADO   .    *110.00(BID)   .             *110.00(BID)    .
IOWA       .     .            *177.00(BID)    .             *177.00(BID)
                         *=PRIVATE SOURCES

DTN COMMENTS:  A few more scattered bids are now on the table near midday, 
and we expect packer inquiry will continue to improve over the next several 
hours. Asking prices are around 115.00-116.00 in the South and 177.00-180.00 
in the North.

The May 1 on feed report just released looks generally neutral with most 
totals coming in close to expectations: on feed up 5%; placement off 8%; 
marketing up 6%. Placement last month turned out to be a little larger than 
anticipated with most pre-report guesses anticipating a drop of 9% to 10%. 
At least half the increase in April marketing can be explained in terms of 
one addition business day compared with April 2017.

Beef cutouts are lower at midday (choice 227.41 -1.59, select 204.89 
-0.04) with light to moderate box movement (38.23 lds of choice cuts, 17.92 
lds of select cuts, 11.96 lds of trim, and 8.02 lds of ground). Cattle 
futures near midday are mixed on both live and feeder issues with deferred 
faring better than nearbys.

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:       35  WEEK TO DATE:     1,449
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
109.00   80+    109.00-109.00     35  No reportable trade

109.00   TOTAL  109.00-109.00     35
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:    2,293  WEEK TO DATE:     2,293
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   176.00   80+    176.00-176.00    324
                                      180.00   65-80  180.00-180.00    887

                                      178.93   TOTAL  176.00-180.00  1,211
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   180.57   65-80  180.00-182.00     735

                                      180.57   TOTAL  180.00-182.00     735
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


TEXAS    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


COLORADO 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


IOWA     CONFIRMED CASH SALES:    3,066  WEEK TO DATE:     3,797
114.12   80+    112.50-115.00    340  179.30   80+    178.00-180.00    109
                                      181.33   65-80  180.00-182.00  1,944

114.12   TOTAL  112.50-115.00    340  181.22   TOTAL  178.00-182.00  2,053
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
111.00   80+    111.00-111.00     76  178.00   80+    178.00-178.00     76

111.00   TOTAL  111.00-111.00     76  178.00   TOTAL  178.00-178.00     76
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   182.00   65-80  182.00-182.00    178

                                      182.00   TOTAL  182.00-182.00    178
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, 1-402-399-6402, or 1-402-462-8897. 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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