Advice and Tips

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831  

St. Joseph, MO   Fri Oct 3, 2014    USDA Market News Service



Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:45 pm



Today's Reported Sales Volume:   7,000 

Today's Estimated Sales Volume: 15,000

  

  Trading is light in the Texas Panhandle and Kansas Friday afternoon on light

to moderate demand. Compared to two weeks ago, live sales in the Texas Panhandle

are 3.00 higher at 162.00. Compared to two weeks ago in Kansas, live sales are

1.00 to 3.00 higher at 160.00-162.00.  Trading is limited in Nebraska on light

to moderate demand. Compared to last week, early live sales are 3.00 to 5.00

higher at 162.00. The dressed trade is not yet established.  Trading is light

in Iowa with live sales reported at 160.00, and dressed sales at 252.00. 

  Cattle slaughter was estimated at 108,000 Friday, and 18,000 Saturday for a

weekly total of 582,000. Boxed beef closing values were called steady on Choice

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

down 0.13 at 238.32 and Select closed down 0.97 at 226.36 on 167 total loads.



PRICES PAID:



            LIVE                    DRESSED                 DRESSED

            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER

            (CASH)                  (CASH)                  (GRID BASE)

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

            Select and Choice                                                

TX/OK/NM    162.00                  None                    None             

                                                                             

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

            Select and Choice                                                                                  

KANSAS      160.00-162.00           None                    None             

                                                                             

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

            Select and Choice                                                

NEBRASKA    162.00                  None                    None             

                                                                             

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

                                                                             

COLORADO    None                    None                    None             

                                                                             

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

            Select and Choice       Select and Choice                       

IOWA        160.00                  252.00                  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



1550c

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