DTN CATTLE PRICES/TRENDS               06/16 12:05

       HEAD SOLD LIVE  STEERS  DRESSED        LIVE  HEIFERS  DRESSED
KANSAS     .    *254.00(BID)   .             *254.00(BID)    .
NEBRASKA   .    *253-254(BID)  .             *253-254(BID)   .
TEXAS      .     .             .              .              .
COLORADO   .     .             .              .              .
IOWA       .     .             .              .              .
                         *=PRIVATE SOURCES

DTN COMMENTS:  Bids are now on the table in parts of Kansas and Nebraska. 
Some live asking prices have been reported in parts of Nebraska and are 
around $260. In other major feeding states, asking prices remain very 
elusive. Packer inquiries should continue to improve as the day 
progresses. Having said that, it is possible that significant trade 
volume could be delayed until sometime Friday.

The just released June 1 on feed report listed 11.7 million head, up 2% 
from May 2025. Placements in May totaled 1.70 million head, 10% below 
last year; marketings in May totaled 1.55 million head, 12% less than the 
prior year; other disappearance in May totaled 55,000 head, 11% under the 
same time last year. 

Beef cutouts are lower at midday (choice 393.27 -1.23, select 374.98 -
2.28), with light box movement (26.26 lds of choice cuts, 7.94 lds of 
select cuts, 4.70 lds of trim, and 3.46 lds of ground). Nearing the noon 
hour live cattle are modestly to moderately lower, but feeder issues are 
mostly modestly to moderately higher.

For the period ending June 11, beef net sales of 16,100 MT for 2026--a 
marketing year-low--were down 31 percent from the previous week and 50 
percent from the prior 4-week average. Increases primarily for China 
(4,100 MT), Mexico (4,100 MT), Canada (2,300 MT), Japan (2,300 MT), and 
South Korea (1,500 MT), were offset by reductions for the Philippines 
(100 MT), Costa Rica (100 MT), Nicaragua (100 MT), and Vietnam (100 MT). 
Exports of 30,000 MT were down 12 percent from the previous week and 9 
percent from the prior 4-week average. The destinations were primarily to 
Mexico (12,900 MT), Japan (5,400 MT), China (3,300 MT), South Korea 
(2,200 MT), and Colombia (2,100 MT). 

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:      35
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


NEBRASKA  CONFIRMED CASH SALES:     120  WEEK TO DATE:     120
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                   407.00   65-80  407.00-407.00    120

                                      407.00   total  407.00-407.00    120
HEIFERS - LIVE - DELIVERED            HEIFERS - DRESSED - FOB
No reportable trade                   No reportable trade


TEXAS     CONFIRMED CASH SALES:       0  WEEK TO DATE:      18
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:      76  WEEK TO DATE:     114
STEERS - LIVE - FOB                   STEERS - DRESSED - DELIVERED
No reportable trade                   410.00   80+    410.00-410.00     76

                                      410.00   total  410.00-410.00     76
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

NOTE: Feedlots are encouraged to email DTN with any cattle sales, at
linda.nellson@dtn.com. All sales will be listed anonymously and organized 
by state. All live sales are FOB and set for 1-9-day delivery. A weekly 
summary from this data will be posted on the Weekly Cattle Sales Reported 
to DTN page and will be left up for the entire week for reference 
purposes.