Advice and Tips

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831  

St. Joseph, MO    Thu Sep 11, 2014    USDA Market News Service



Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:15 pm



Today’s Reported Sales Volume:   none  

Today’s Estimated Sales Volume: 7,000      

  

  Trading was very light in all regions Thursday on light demand. MPR

reported around 1200 head in Nebraska at 248.00-251.00 dressed; and

close to 5200 head in Iowa-Minnesota at 158.00-160.00 live, and 248.00-

252.00 dressed.  But not enough sales in any area for an adequate

market test. Cattle slaughter for Thursday was estimated at 116,000.  Boxed

Beef closing cut-out values were called steady on Choice and sharply lower

on Select on light to moderate demand and offerings. Choice closed up 0.08

at 251.54, and Select closed down -1.83 at 236.35 on 173 total loads.





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



1515c

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