Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO    Tue May 8, 2012    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 4:00 PM

Today's Reported Sales Volume:  
Today’s Estimated Sales Volume: 
 

     Tuesday cattle trading has been at a standstill. Boxed beef cutout values
firm to higher on moderate demand and light to moderate offerings. Choice for Tuesday
afternoon was 0.34 higher at 190.82 and Select was 1.31 higher at 185.99. The hide
and offal value from a typical slaughter steer for today was estimated at 13.84 per
cwt live, up 0.02 when compared to Monday’s value. Estimated Daily Livestock
Slaughter under Federal Inspection for Tuesday is 126,000.
 

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
 
1600c

1. What’s on America’s grill this weekend?
2. Former Eastern Livestock CEO, CFO sentenced for federal crimes
3. Tyson sends disaster-assistance truck to Oklahoma
4. More beef cows in worst drought regions than a year ago
5. Forage Focus: Pay attention to hay moisture
6. Oil falls as Fed minutes send U.S. equities down

1. Post-tornado composting a solution for disposal of dead livestock
2. Michigan hay buyers should plan purchases early
3. Seven jobs more dangerous than farming
4. New animal identification rules aid disease traceability
5. Former Eastern Livestock CEO, CFO sentenced for federal crimes
6. Drought losses in Oklahoma top $400 million for 2012

1. Commentary: In praise of animal foods
2. Meat and climate change: How significant is the impact?
3. Seven jobs more dangerous than farming
4. Commentary: GMOs: How do I hate thee?
5. Survey reveals most Americans in favor of COOL
6. Boxed beef hits record highs, cattle weak to lower