Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO    Wed May 2, 2012    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 Estimate Sales Volume:  none
 
  On Wednesday cash trade was mostly inactive on light demand in all feeding 
regions. Wednesday afternoon boxed beef cutout values were steady to firm on 
light to moderate demand and offerings. Choice was up .71 at 191.18 with Select 
down .03 to close at 186.43 on 235 loads. The hide and offal value from a 
typical slaughter steer for today was estimated at 13.80 per cwt live, up 0.07 
when compared to Tuesday's value. The estimated cattle slaughter for Wednesday 
was reported at 126,000.

PRICES PAID:

            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             
                                                                             
-----------------------------------------------------------------------------
                                                                             
IOWA        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: 816-676-7000  email: stjoe.lgmn@ams.usda.gov
         Website: www.ams.usda.gov/mnreports/sj_ls831.txt
         www.ams.usda.gov/lsmarketnews
 
1550c

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