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Central U.S. Daily Direct Feedlot Cattle

11/05/2009 11:17AM

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SJ_LS831
St. Joseph, MO    Thu Nov 05, 2009    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 10:30 AM

Today’s Reported Sales Volume:  4,000   

 Trading is light in Kansas on light to moderate demand. Compared to last
week, few early live sales are steady to .50 higher at 87.50 but most are still
passing current bids. Dressed sales are 1.00 higher than last week at 140.00.
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)
-----------------------------------------------------------------------------
                                                                             
TX/OK/NM    None                    None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice       Select and Choice                        
KANSAS      limited, 87.50          140.00                  None             
                                                                             
-----------------------------------------------------------------------------
                                                                             
NEBRASKA    None                    None                    None             
                                                                             
-----------------------------------------------------------------------------
                                                                             
COLORADO    None                    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

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