DTN CATTLE PRICES/TRENDS               07/28 13:25

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS     .   *120.00(BID)   .             *120.00(BID)   .
NEBRASKA 2,300  122, F123     .              122.00        .
TEXAS      .    .             .              .             .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
    
DTN COMMENTS: A few deals have been reported in Western Nebraska, and a few 
bids are now on the table in parts of Kansas. Packer inquiry should continue 
to improve as the day progresses. Asking prices are around $122 plus in the 
South, and $200 plus in the North. 

The Fed Cattle Exchange Auction today listed a total of 7,773 head, of which 
1,085 actually sold, 181 were scratched from the auction and 6,507 head were 
listed as unsold, as they did not meet the reserve prices, that ranged from 
$119 to $123. Opening prices ranged from $115 to $118, high bids ranged from 
$116 to $120. The state-by-state breakdown looks like this: TX 7,463 total 
head, with 1,085 head sold at $119 to $120, 6,197 head unsold and 181 were 
scratched from the auction; KS 310 total head, all of which went unsold. 

Today's slaughter totaled 120,000 head 3,000 more than last week, and 1,000 
above a year ago. Cattle futures closed mixed, live contracts were mostly 
modestly higher, up 15 to off 10, while feeder issues ended the day mostly 
moderately lower, off 55 to up 25. Beef cutouts are expected to close higher 
with moderate box movement.

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:     112  WEEK TO DATE:       455
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
120.00   65-80  120.00-120.00    112  No reportable trade

120.00   TOTAL  120.00-120.00    112
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:   1,301  WEEK TO DATE:     1,440
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
122.27   80+    121.00-123.00    391  No reportable trade

122.27   TOTAL  121.00-123.00    391
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


TEXAS     CONFIRMED CASH SALES:      80  WEEK TO DATE:        80
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: NA Conf  WEEK TO DATE:   NA Conf
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
123.76   80+    121-09-125300         NA confidentiality
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
NA Confidentiality                    NA confidentiality
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
NA Confidentiality                    NA confidentiality
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
NA Confidentiality                    NA confidentiality


IOWA      CONFIRMED CASH SALES:   4,652  WEEK TO DATE:     4,831
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
123.76   80+    121.00-125.00  1,814  200.75   80+    195.00-201.00   1,769

123.76   TOTAL  121.00-125.00  1,814  200.75   TOTAL  195.00-201.00   
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
123.00   80+    123.00-123.00    240  No reportable trade

123.00   TOTAL  123.00-123.00    240
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, 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.