Advice and Tips

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831  

St. Joseph, MO   Fri Sep 19, 2014    USDA Market News Service



Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:50 pm



Today's Reported Sales Volume:  10,000

Today's Estimated Sales Volume: 15,000    

  

  Trading was light to moderate in Kansas Friday afternoon on light to moderate

demand. Compared to last week, live sales were 2.00 to 3.00 lower at 159.00.

Few dressed sales in Nebraska are trading 4.00 to 5.00 lower than last week

at 244.00-245.00.

  Cattle slaughter for Friday is estimated at 106,000, and 9,000 on Saturday

for a weekly total of 571,000.  Boxed Beef closing values were called lower

to sharply lower on light demand and light to moderate offerings. Choice closed

down 1.17 at 243.71 and Select closed down 2.48 at 229.61 on 140 total loads.





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      159.00                  None                    None             

                                                                             

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

                                    Select and Choice                        

NEBRASKA    None                    244.00-245.00           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



1555c

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