Advice and Tips

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831  

St. Joseph, MO    Fri Jun 27, 2014    USDA Market News Service



Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 12:10 pm



Today’s Reported Sales Volume:   5,000      

Today’s Estimated Sales Volume: 12,000       

     

  Trading is light to moderate on good demand in the Texas Panhandle and

Kansas. Compared to last week, live sales in the Texas Panhandle are 4.00

higher at 154.00, with sales in Kansas 4.00 to 5.00 higher at 154.00-155.00.

This surpasses previous highs recorded the end of March, 2014 (TX-OK-NM steer

wtd avg was 150.01 & Kansas was 151.15). Trading is light to moderate in 

Nebraska on good demand. Early dressed sales are mostly 7.00 higher than

last week at 245.00. Few live sales in Iowa have traded at 154.00, with

dressed sales there at 243.00.



PRICES PAID:



            LIVE                    DRESSED                 DRESSED

            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER

            (CASH)                  (CASH)                  (GRID BASE)

-----------------------------------------------------------------------------

            Select and Choice                                                

TX/OK/NM    154.00                  None                    None             

                                                                             

-----------------------------------------------------------------------------

            Select and Choice                                                

KANSAS      154.00-155.00           None                    None             

                                                                             

-----------------------------------------------------------------------------

                                    Select and Choice                        

NEBRASKA    None                    245.00                  None             

                                                                             

-----------------------------------------------------------------------------

                                                                             

COLORADO    None                    None                    None             

                                                                             

-----------------------------------------------------------------------------

            Select and Choice       Select and Choice                                                         

IOWA        154.00                  243.00                  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



1220c

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