Central U.S. Daily Direct Feedlot Cattle
11/06/2009 04:17PM
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SJ_LS831
St. Joseph, MO Fri Nov 06, 2009 USDA Market News Service
Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:50 PM
Today’s Reported Sales Volume: None
Today’s Estimated Sales Volume: None
Trading was inactive in all major feeding regions on Friday. For the week
so far, negotiated cash sales per MPR were as follows: TX/OK/NM - 12,560;
Kansas - 26,805; Nebraska - 35,775 and Colorado - 7,286. Live sales in the
Southern Plains this week so far sold at 87.00-88.00, while Northern Plains live
sales were at 85.00-87.00. Dressed sales in Kansas were traded at 140.00, and
Nebraska dressed sales mostly were at 134.00.
Boxed beef cutout values weak on light to moderate demand and moderate to
heavy offerings. Choice cutout closed down .55 at 140.78 and Select closed down
.32 at 135.44 with 218 total loads sold. Estimated cattle slaughter for Friday
was reported at 124,000 head and 21,000 for Saturday. The hide and offal value
from a typical slaughter steer for today was estimated at 8.99 per cwt live, up
0.32 when compared to Thursday'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)
-----------------------------------------------------------------------------
TX/OK/NM None None None
-----------------------------------------------------------------------------
KANSAS None None 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
1550c
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