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DTN CATTLE PRICES/TRENDS               01/27 10:30

KANSAS     .    .             .              .             .
NEBRASKA   .    .            *173.00(BID)    .            *173.00(BID)
TEXAS      .    .             .              .             .
COLORADO   .    .             .              .             .
IOWA       .    .             .              .             .
                               *PRIVATE SOURCES     
DTN COMMENTS: Packer inquiry is improving some at midmorning. Asking prices 
are around $115 plus in the South and $182 to $185 in the North. A few bids 
are now on the table in parts of Eastern Nebraska. It is possible that trade 
may develop at some point today, but tomorrow may be more likely. Beef 
cutouts are expected to be higher with light to moderate box movement.

The Fed Cattle Exchange Auction today listed a total of 1,570 head, of which 
1,128 actually sold, 442 head were listed as unsold, as they did not meet the 
reserve prices that ranged from $112.50 to $115. Opening prices were at $111 
to $112, high bids ranged from $112.75 to $113. The state by state breakdown 
looks like this: KS 150 total head, all of which went unsold; TX 1,193 total 
head, with 901 head sold at $112.75-$113, 292 head went unsold; OK 227 total 
head, all of which sold at $113.

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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