Advice and Tips

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831  

St. Joseph, MO    Mon May 19, 2014    USDA Market News Service



Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 4:00 pm



Today’s Reported Sales Volume:  none 

Today’s Estimated Sales Volume: none



   Trading has been at a standstill so far for Monday in all feegin regions. Boxed 

beef cutout values are firm to higher on moderate demand and light to moderate

offerings.  Select and Choice rib and loin cuts are firm to higher while chuck and

round are firm on Choice and weak on Select. Beef trimmings are sharply lower on 

light demand and offerings thus far for Monday afternoon. The hide and offal value 

from a typical slaughter steer for today was estimated at 15.58 per cwt live, down

-0.01 when compared to Friday's value. Estimated Cattle slaughter for Monday is

118,000 compared to 116,000 a week ago and 125,000 a year ago. Live cattle futures

were sharply higher today closing at 139.52 +1.62.



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/lpsmarketnewspage



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.lpgmn@ams.usda.gov

         www.ams.usda.gov/mnreports/sj_ls831.txt

         www.ams.usda.gov/lpsmarketnewspage



16000c

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