Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO   Fri Jun 08, 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 Estimated Sales Volume: none

  On Friday negotiated cash trade was mostly inactive on light demand in all 
feeding regions. Weekly 5-Area negotiated cash trade per Mandatory Price 
Reporting. 13,310 in Texas, 15,678 in Kansas, 36,769 for Nebraska, 3,111 in 
Colorado and 27,228 in the Western Cornbelt. Friday afternoon boxed beef cutout 
values were weak to lower on light to moderate demand and moderate offerings. 
Choice was down .48 at 196.94 with Select down 1.66 to close at 182.65 on 194 
loads. The hide and offal value from a typical slaughter steer for today was 
estimated at 13.01 per cwt live, down -0.05 when compared to Thursday's value.
The estimated cattle slaughter for Friday was reported at 122,000, with Saturday 
at 23,000 for a week to date estimate of 652,000. June CME live cattle contracts 
were up .52 to close at 119.87.

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
 
1515c

1. Post-tornado composting a solution for disposal of dead livestock
2. Cornell genetic testing process cuts cost by up to 75 percent
3. Angus Foundation receives $28,500 from “The Card Challenge”
4. Commentary: In praise of animal foods
5. 100K Pathogen Genome Project maps first genomes
6. Beef exports depend on quality reputation

1. Michigan hay buyers should plan purchases early
2. New animal identification rules aid disease traceability
3. Seven jobs more dangerous than farming
4. Survey reveals most Americans in favor of COOL
5. Drought losses in Oklahoma top $400 million for 2012
6. Post-tornado composting a solution for disposal of dead livestock

1. Meat and climate change: How significant is the impact?
2. BeefTalk: How do we get the next generation to raise beef?
3. Commentary: GMOs: How do I hate thee?
4. Survey reveals most Americans in favor of COOL
5. Farm bill and immigration reform action needed
6. Boxed beef hits record highs, cattle weak to lower