Advice and Tips

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831  

St. Joseph, MO    Wed Jun 11, 2014    USDA Market News Service



Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:30 pm



Today’s Reported Sales Volume:  none 

Today’s Estimated Sales Volume: none

  

   

On Wednesday negotiated cash trade was mostly inactive on light demand in all 

feeding regions. Wednesday afternoon boxed beef cutout values were weak on 

Choice and firm on Select and light to moderate demand and offerings. Choice was 

down .69 at 321.82 with Select up .60 to close at 222.95 on 193 loads. The hide 

and offal value from a typical slaughter steer for today was estimated at 15.70 

per cwt live, down -0.10 when compared to Tuesday's value. The estimated cattle 

slaughter for Wednesday was reported at 115,000. June CME live cattle contracts 

were down .47 to settle at 143.02 with August contracts down 1.20 to settle at 

142.20.



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



1530c

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