Central U.S. Daily Direct Feedlot Cattle
11/04/2009 04:17PM
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SJ_LS831
St. Joseph, MO Wed Nov 04, 2009 USDA Market News Service
Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:30 PM
Today’s Reported Sales Volume: None
Today’s Estimated Sales Volume: None
Trading was mostly inactive in all feeding regions on Wednesday. Moderate buyer
inquiry was noted in most trade regions. Wednesday afternoon boxed beef cutout values
steady to weak on light to moderate demand and offerings. Choice cutout closed the
day unchanged at 141.85 and Select was down .66 at 135.80 with 316 total loads sold.
Estimated cattle slaughter for Wednesday was reported at 122,000. The hide and offal
value from a typical slaughter steer for today was estimated at 8.47 per cwt live, up
0.01 when compared to Tuesday's value.
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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TX/OK/NM None 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
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