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Central U.S. Daily Direct Feedlot Slaughter Cattle Report
SJ_LS831
St. Joseph, MO Wed Feb 22, 2012 USDA Market News Service
Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:20 PM
Today's Reported Sales Volume: none
Today's Estimate Sales Volume: none
On Wednesday negotiated cash trade was inactive on light demand in all feeding
regions. Wednesday afternoon boxed beef cutout values were higher to sharply
higher on moderate demand and light to moderate offerings. Choice closed up 2.73
at 196.88 and Select closed up 1.48 at 192.63 on 208 total loads. The hide and
offal value from a typical slaughter steer for today was estimated at 13.17 per
cwt live, up 0.05 when compared to Tuesday's value. The estimated cattle
slaughter for Wednesday was reported at 118,000.February CME live cattle
contracts were up .45 to close at 129.35.
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
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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/LSMarketNews
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.lgmn@ams.usda.gov
Website: www.ams.usda.gov/mnreports/sj_ls831.txt
www.ams.usda.gov/lsmarketnews
1520c
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