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DTN CATTLE PRICES/TRENDS               01/20 10:20

KANSAS     .    .             .              .             .
NEBRASKA   .    .             .              .             .
TEXAS      .    .             .              .             .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
DTN COMMENTS:  The country is slow to start this morning, but packer inquiry 
should improve as the day progresses. Asking prices are around $113 plus in 
the South, and not fully established in the North as of yet. Beef cutouts 
are expected to be higher with light to moderate box movement.

The Fed Cattle Exchange Auction today listed a total of 1,547 head, of which 
567 actually sold, 980 head were listed as unsold, as they did not meet the 
reserve prices, that ranged from $110 to $112. Opening prices ranged from $108 
to $109, high bids ranged from $110.50 to $111. The state by state breakdown 
looks like this: KS 299 total head, all 299 head sold at $110.75(grid based); 
TX 1,248 total head, with 268 head sold at $110.50-$111.00(live), 980 head 
went unsold. 

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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