DTN CATTLE PRICES/TRENDS               12/03 11:40

      HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS DRESSED 
KANSAS   2,000  110.00        .              110.00        .
NEBRASKA   500  110.00        .              110.00        .
TEXAS      800  110.00        .              110.00        .
COLORADO   .    .             .              .             .
IOWA       .    .            *172.00(BID)    .            *172.00(BID)
                               *PRIVATE SOURCES     
    
DTN COMMENTS:  A light live trade is developing in all three major feeding 
states near midday, prices are generally steady with the bulk of yesterday's 
business. Asking prices are around $112 to $113 in the South, and $175 to 
$176 in the North.

A light to moderate trade took place in the North yesterday with dressed 
deals marked at $172 to $174. The $172 is $1 lower, but the $174 is $1 
higher than last week's weighted average basis Nebraska. The South reported 
a light trade at $110 to $112, the $110 is $1 lower, while the $112 was $1 
higher than last week's weighted averages. It sounds like the $112 was paid 
by a Regional and the $110 was by majors.  

Beef cutouts are significantly lower at midday (choice 239.52 -1.37, select 
221.67 -1.28) with moderate box movement (60.92 lds of choice cuts, 9.35 lds 
of select cuts, 15.69 lds of trim, and 12.85 lds of ground). Cattle futures 
near the noon hour are sharply lower on both live and feeder contracts.

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.