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DTN CATTLE PRICES/TRENDS               05/29 11:55

       HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS  DRESSED
KANSAS     .     .             .              .              .
NEBRASKA   .     .            *248-252(BID)   .             *248-252(BID)
TEXAS      .     .             .              .              .
COLORADO   .     .             .              .              .
IOWA       200   160.00       *248-252(BID)  *160.00(BID)   *248-252(BID)
                         *=PRIVATE SOURCES

DTN COMMENTS:  While packer inquiry in the North is light to moderate at 
midday, trade volume remains very limited. We understand that some cattle 
have sold in Nebraska at 252.00, but these isolated deals include specific 
premiums for cattle fitting branded programs. Packers are generally short 
bought, but reluctant given signs of significant weakness in the wholesale 
beef trade. On the other hand, feedlot managers continue to feel relatively 
confident about short supplies. Asking prices are around 163.00 in the 
South, and 258.00 plus in the North. Significant trade volume could be 
delayed until late this afternoon

Beef cutouts are sharply lower (Choice 255.11 -4.14, Select 243.57 -3.17) 
with generally light box movement (50.15 lds of choice cuts. 18.47 lds of 
select cuts, 8.06 lds of trim, and 12.84 lds of ground). Cattle futures 
opened on a steady/weak basis, but have turned increasingly defensive 
through the morning. Live futures are now slumping sharply lower, apparently 
troubled by the lack of cash news and ugly signs of box beef demand.

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
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
No reportable trade                   No reportable trade


NEBRASKA CONFIRMED CASH SALES:       78  WEEK TO DATE:      329
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
No reportable trade                   252.00  80+    252.00-252.00     78

                                      252.00  TOTAL  252.00-252.00     78


TEXAS    CONFIRMED CASH SALES:        0  WEEK TO DATE:        0
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:        0  WEEK TO DATE:        0
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:      680  WEEK TO DATE:    1,414
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
158.93   80+    158.00-160.00    214  250.00  35-65  250.00-250.00    254
159.00   65-80  159.00-159.00    152

158.96   TOTAL  158.00-160.00    366  250.00  TOTAL  250.00-250.00    254
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
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. General trends and summaries from this 
data will be posted on the Daily Sales Reported to DTN page. 


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