Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO    Mon Apr 30, 2012    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 Estimate Sales Volume:  none
 
  On Monday negotiated cash trade was mostly inactive on light demand in all 
feeding regions. Monday afternoon boxed beef cutout values were steady on light 
demand and offerings. Choice was up .13 at 190.40 with Select down .11 to close 
at 185.94 on 153 loads. The hide and offal value from a typical slaughter steer
for today was estimated at 13.72 per cwt live, up 0.04 when compared to Friday's 
value. The estimated cattle slaughter for Monday was reported at 115,000. April 
CME live cattle contracts were up .30 at 118.75.

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
 
1615c

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