Advice and Tips

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831  

St. Joseph, MO    Fri May 23, 2014    USDA Market News Service



Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:10 pm



Today’s Reported Sales Volume:  none   

Today’s Estimated Sales Volume: none



   Trading was mostly inactive Friday in all regions. Not enough sales in

any area for an adequate market test. Cattle slaughter for Friday is estimated

at 112,000, and 17,000 for Saturday for a weekly total of 599,000. Boxed beef

cutout values were called steady to weak on light demand and offerings. Choice

closed up 0.19 at 231.98, and Select closed down 0.26 at 220.90 on 128 total

loads. The hide and offal value from a typical slaughter steer for today was

estimated at 15.68 per cwt live, unchanged when compared to Thursday’s value.

  



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



1510c

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