Advice and Tips

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831  

St. Joseph, MO    Tue Jul 15, 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 

     

  Tuesday's fed cattle trading has been at a standstill. Afternoon boxed beef cutout 

values are weak to lower on light demand and moderate offerings. Select and Choice 

rib and chuck cuts are weak to lower while round cuts are steady to firm. Choice loin

cuts are weak while Select are firm. Beef trimmings are higher on moderate to fairly 

good demand and moderate offerings. Chocie cutout value is .61 lower at 25053 and 

Select is .96 lower at 243.46 with a spread of 7.06. The hide and offal value from a 

typical slaughter steer for today was estimated at 15.61 per cwt live, down -0.03 

when compared to Monday's value. Estimated cattle slaughter for today is 116,000.





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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