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DTN CATTLE PRICES/TRENDS               12/08 11:20

       HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS  DRESSED
KANSAS     .    *110.00(BID)   .             *110.00(BID)    .
NEBRASKA 2,000   .             170.00         .              170.00
TEXAS      .     .             .              .              .
COLORADO   .    *110.00(BID)   .             *110.00(BID)    .
IOWA       700  *107.00(BID)   169-170       *107.00(BID)    169-170
                         *=PRIVATE SOURCES

DTN COMMENTS:  Light to moderate trade is evident in parts of the North at 
midday, with most dressed sales marked at 170.00, $5.00 below last week's 
weighted average basis Nebraska. Activity in the South is very slow with 
neither bids nor asking prices well defined. Further business could easily 
be delayed until sometime Friday. 

Beef cutouts are higher at midday (Choice 189.85 +0.91, Select 171.74 +0.02) 
with light to moderate box movement (50.43 lds of choice cuts, 22.02 lds of 
select cuts, 2.01 lds of trim, and 11.47 lds of ground). Cattle futures are 
moderately lower moving toward the noon hour, pressured by long liquidation 
and beef demand worries.

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:      444  WEEK TO DATE:     1,303
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
111.75   65-80  111.75-111.75    299  No reportable trade
111.75   35-65  111.75-111.75    145

111.75   TOTAL  111.75-111.75    444
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
No reportable trade                   No reportable trade


NEBRASKA CONFIRMED CASH SALES:    2,279  WEEK TO DATE:     2,492
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
109.00   80+    109.00-109.00    760  No reportable trade
108.00   65-80  108.00-108.00    175

108.81   TOTAL  108.00-109.00    935
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
108.74   80+    107.00-109.00    994  No reportable trade
109.00   65-80  109.00-109.00    350

108.81   TOTAL  107.00-109.00  1,344


TEXAS    CONFIRMED CASH SALES:    1,258  WEEK TO DATE:     1,439
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
111.75   65-80  111.75-111.75     86  No reportable trade
112.00   35-65  112.00-112.00    572

111.97   TOTAL  111.75-112.00    658
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
112.00   65-80  112.00-112.00    450  No reportable trade
111.75   35-65  111.75-111.75    150

111.94   TOTAL  111.75-112.00    600


COLORADO CONFIRMED CASH SALES:      116  WEEK TO DATE:       116
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
No reportable trade                   No reportable trade
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
111.00   35-65  111.00-111.00    116  No reportable trade

111.00   TOTAL  111.00-111.00    116


IOWA     CONFIRMED CASH SALES:    2,599  WEEK TO DATE:     3,144
STEERS  - LIVE FOB                    STEERS  - DRESSED DELIVERED
107.00   80+    107.00-107.00     36  170.29   80+    170.00-172.00    369
                                      172.00   65-80  172.00-172.00     52

107.00   TOTAL  107.00-107.00     36  170.50   TOTAL  170.00-172.00    421
HEIFERS - LIVE FOB                    HEIFERS - DRESSED DELIVERED
107.00   65-80  107.00-107.00    152  169.55   80+    169.00-170.00    685
                                      169.00   65-80  169.00-169.00     45

107.00   TOTAL  107.00-107.00    152  169.51   TOTAL  169.00-170.00    730

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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