Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO    Mon Apr 09, 2012    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:30 PM

Today's Reported Sales Volume:   none  
Today's Estimate Sales Volume:   none  

 On Monday negotiated cash trade was inactive on light demand in all feeding 
regions. Monday afternoon boxed beef cutout values were higher on moderate 
demand and light to moderate offerings. Choice was up 1.00 at 178.61 with Select 
up 1.58 to close at 176.88 on 171 loads. The hide and offal value from a typical 
slaughter steer for today was estimated at 13.11 per cwt live, down -0.01 when 
compared to Friday's value.  The estimated cattle slaughter for Monday was 
reported at 100,000. April CME live cattle contracts were up 1.05 to close at 
119.37.
  
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/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
 
1530c

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