Advice and Tips

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831  

St. Joseph, MO    Thu Aug 07, 2014    USDA Market News Service



Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:25 pm



Today’s Reported Sales Volume:    3,000 

Today’s Estimated Sales Volume:   8,000 



  Trading was limited in all regions today on light demand.  There were not

enough sales in any area to establish a market, but few live sales in Kansas

traded at 160.00. Nebraska traded a few live sales at 159.00-160.00 and

limited dressed sales at 253.00-255.00. A light test of live sales in Iowa

traded at 159.00-162.00, with dressed sales at 253.00-255.00.

   Nearby CME Live Cattle futures closed limit down. Boxed beef closing values

were firm on Choice and weak on Select on moderate demand and light to moderate

offerings.  Choice closed up 0.44 at 262.41, and Select closed down (0.51) at

255.26 on 149 total loads. Cattle slaughter for Thursday was estimated at

114,000. 

  



PRICES PAID:



            LIVE                    DRESSED                 DRESSED

            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER

            (CASH)                  (CASH)                  (GRID BASE)

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

                                                                             

TX/OK/NM    None                    None                    None             

                                                                             

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

            Select and Choice                                                

KANSAS      few, 160.00             None                    None             

                                                                             

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

            Select and Choice       Select and Choice                        

NEBRASKA    159.00-160.00           few, 253.00-255.00      None             

            (reported by MPR)                                                

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

                                                                             

COLORADO    None                    None                    None             

                                                                             

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

            Select and Choice       Select and Choice                        

IOWA        159.00-162.00           few, 253.00-255.00      None             

            (reported by MPR)                                                

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



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



1525c

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