Central U.S. Daily Direct Feedlot Cattle
11/02/2009 04:18PM
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SJ_LS831
St. Joseph, MO Mon Nov 02, 2009 USDA Market News Service
Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:30 PM
Today’s Reported Sales Volume: 3,100
Today’s Estimated Sales Volume: 3,500
Trading was mostly inactive in all feeding regions Monday. Isolated trade
occurring mid-day in Texas trending steady with last week's market at 88.00
on delivery that could be more than 7 days. Boxed beef cutout values firm on
light to moderate demand and offerings. Choice cutout closed up .80 at 141.63
and Select up .45 at 135.83 with 203 total loads sold. Estimated cattle
slaughter for Monday was reported at 119,000.
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)
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Select and Choice
TX/OK/NM isolated 88.00 None None
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KANSAS None None None
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NEBRASKA None None None
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COLORADO None None None
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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
1530c
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