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Central U.S. Daily Direct Feedlot Cattle

10/28/2009 01:17PM

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SJ_LS831
St. Joseph, MO    Wed Oct 28, 2009    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 1:10 PM

Today’s Reported Sales Volume:  16,000
Today’s Estimated Sales Volume: 25,000

   Trading is moderate in Kansas on moderate to good demand. Compared to
last week, live sales are 1.50 to 2.50 higher at 87.00.  Trading is light in
the Texas Panhandle. Few live sales have traded 1.00 higher at 87.00 with
many producers continuing to pass bids. Trading remains inactive in Nebraska.
Trading is light in Colorado with live sales 2.00 higher than last week at
87.00.

Note: prices are based on net weights FOB the feedlot after a 3-4% shrink
unless otherwise noted. Dressed prices based on hot carcass weights delivered
to the plant. 

PRICES PAID TODAY:

            LIVE                    DRESSED                 DRESSED
            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER
            (CASH)                  (CASH)                  (GRID BASE)
-----------------------------------------------------------------------------
            Select and Choice                                                
TX/OK/NM    87.00                   None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice                                                                 
KANSAS      87.00                   None                    None             
                                                                             
-----------------------------------------------------------------------------
                                                                             
NEBRASKA    None                    None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice                                                
COLORADO    87.00                   None                    None             
                                                                             
-----------------------------------------------------------------------------

NOTE: For complete sales volume, price ranges and weighted averages, refer 
to the Mandatory reports on the following web site and links:
http://www.ams.usda.gov/LSMarketNews

All Negotiated grid based sales reported through the Mandatory 
reporting program by packers are currently included under the National
Daily Direct Slaughter Cattle Negotiated Purchases Reports as base prices
and again on the National Daily Direct Slaughter Cattle Formula Purchases
Reports as net prices.

Included in this report are negotiated cash and negotiated grid prices 
and volume collected from feedlots or their representatives cooperating 
on a voluntary basis. This report will be released at 3:30pm daily and 
more frequently during active trading periods. 

Source:  USDA Market News Service, St. Joseph, MO
         Ph: 816-238-0678  email: stjoe.lgmn@usda.gov
         Website: www.ams.usda.gov/mnreports/sj_ls831.txt

1320c






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