Advice and Tips

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831  

St. Joseph, MO    Fri Aug 15, 2014    USDA Market News Service



Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:40 pm



Today’s Reported Sales Volume:     none

Today’s Estimated Sales Volume:    none

  

  Friday trading has been mostly inactive on very light demand in all feeding 

regions. Friday afternoon boxed beef cutout values are lower on Choice and 

steady on Select with light demand and light to moderate offeirngs. Select and 

Choice rib and loin cuts are mostly steady while chuck and round items are weak 

to lower. Beef trimmings are higher on light to moderate demand and offerings.

Choice cuts are 1.20 lower at 255.54 and Select cuts are .19 lower at 248.38

with a spread of 7.16, on 128 loads. The hide and offal value from a typical 

slaughter steer for today was estimated at 16.66 per cwt live, up 0.05 when 

compared to Thursday's value. Estimated Daily Cattle Slaughter for Friday is

shown at 112,000. Saturday's estimate is 9,000 for a week estimated total of

577,000.





 

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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