Advice and Tips

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831  

St. Joseph, MO    Mon Jul 14, 2014    USDA Market News Service



Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:35 pm



Today’s Reported Sales Volume:  none 

Today’s Estimated Sales Volume: none 

     

  Monday trading has been at a standstill. Monday afternoon boxed beef cutout values

are weak on light demand with light to moderate offerings. Select and Choice loin 

cuts are weak while round cuts firm. Choice rib cuts are steady while Select cuts are

lower. Choice chuck cuts are weak while Select are higher. Beef trimmings are not 

fully established. Choice cutout values are .65 lower at 251.14, Select are .42 lower 

at 244.42 with a spread of 6.72. The hide and offal value from a typical slaughter 

steer for today was estimated at 15.64 per cwt live, up 0.06 when compared to Friday's 

value. Monday estimated cattle slaughter is 112,000.







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/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



1540c

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