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DTN CATTLE PRICES/TRENDS               05/25 14:25

       HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS  DRESSED
KANSAS     .    *110.00(BID)   .             *110.00(BID)    .
NEBRASKA 2,000   110.00        177.00         110.00         177.00
TEXAS      .    *110.00(BID)   .             *108.00(BID)    .
COLORADO   .    *110.00(BID)   .             *110.00(BID)    .
IOWA       .     .            *177.00(BID)    .             *177.00(BID)
                         *=PRIVATE SOURCES

DTN COMMENTS:  A few scattered deals have been reported in parts of Nebraska 
at 177.00, $6 lower than last week's weighted average. Asking prices seem to 
be remaining firm around 115.00-116.00 in the South and 177.00-180.00 in the 
North. It is possible that only a light scattered trade will take place 
today due to the shortened holiday schedule next week and the fact that many 
of the cattle sold over the last several weeks were set for a delayed 
delivery date and have now been delivered. 

The May 1 on feed report that was released earlier today looked to be 
generally neutral with most totals coming in close to expectations: on feed 
up 5%; placement off 8%; marketing up 6%. Placement last month turned out to 
be a little larger than anticipated with most pre-report guesses 
anticipating a drop of 9% to 10%. At least half the increase in April 
marketing can be explained in terms of one additional business day compared 
with April 2017.

Today's kill totaled 119,000 head, even with last week, but 2,000 more than 
a year ago. Saturday' slaughter is estimated at 49,000 head, bringing the 
weekly total to 647,000 head, 13,000 below the previous week, but 24,000 
greater than 2017. Cattle futures rallied in the last hour of trade to close 
higher in the live trade and sharply higher in the feeder market. Beef 
cutouts are expected to close lower with light to 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:       35  WEEK TO DATE:     1,449
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
109.00   80+    109.00-109.00     35  No reportable trade

109.00   TOTAL  109.00-109.00     35
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:    2,293  WEEK TO DATE:     2,293
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   176.00   80+    176.00-176.00    324
                                      180.00   65-80  180.00-180.00    887

                                      178.93   TOTAL  176.00-180.00  1,211
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
No reportable trade                   No reportable trade
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   180.57   65-80  180.00-182.00     735

                                      180.57   TOTAL  180.00-182.00     735
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


TEXAS    CONFIRMED CASH SALES:        0  WEEK TO DATE:         0
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:       0  WEEK TO DATE:         0
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


IOWA     CONFIRMED CASH SALES:    3,066  WEEK TO DATE:     3,797
114.12   80+    112.50-115.00    340  179.30   80+    178.00-180.00    109
                                      181.33   65-80  180.00-182.00  1,944

114.12   TOTAL  112.50-115.00    340  181.22   TOTAL  178.00-182.00  2,053
STEERS - LIVE - DELIVERED             STEERS - DRESSED - FOB
111.00   80+    111.00-111.00     76  178.00   80+    178.00-178.00     76

111.00   TOTAL  111.00-111.00     76  178.00   TOTAL  178.00-178.00     76
HEIFERS - LIVE - FOB                  HEIFERS - DRESSED - DELIVERED
No reportable trade                   182.00   65-80  182.00-182.00    178

                                      182.00   TOTAL  182.00-182.00    178
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, 1-402-399-6402, or 1-402-462-8897. 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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