DTN Cattle Prices/Trends 01/28 08:00

DTN CATTLE PRICES/TRENDS 01/28 08:00 WEEKLY TOTALS REPORTED TO DTN FOR THE WEEK OF: 01/21-01/25 STATE HEAD SOLD LIVE PR RANGE DRESSED PR RANGE KS 3,000 123.00 . NE 4,500 122.00-123.00 197.00 TX 150 123.00 . CO 1,000 123.00 . IA 1,000 . 197.00 LAST WEEK'S ROUND UP: A light to moderate trade developed Friday afternoon with Northern dressed trade at mostly $197, fully steady with last week's weighted average basis Nebraska. Live business in Kansas was at mostly $123, about $1 lower than the prior week's weighted average. There was not much trade to speak of in Texas. According to the Friday afternoon Mandatory reports weekly trade volumes were as follows: KS 19,230; NE 38,034; TX 264; CO Not available due to confidentiality; IA 14,538. DTN MORNING COMMENTS: The country is quiet this morning with bids and asking prices not established as of yet. Significant trade volume will likely be delayed until the second half of the week. Beef cutouts are expected to be lower with generally light box movement. For the week ending January 19, 2019, Imported Beef Passed for Entry in the U.S. totaled 41,497, 101.58% of the previous week and 129.09% of the prior 4-week average. 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 or 1-402-399-6402. All sales will be listed anonymously and organized by state. General trends and summaries from this data will also be posted on the Daily Sales Reported to DTN page.