Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO     Fri Dec 7, 2012    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:20 PM

Today’s Reported Sales Volume:   13,000
Today’s Estimated Sales Volume:  36,000

   Trading was light to moderate on light demand in Kansas Friday. Compared to
last week, live sales were 1.00 lower at 124.00. Trading is moderate in
Nebraska on light to moderate demand. Early live sales in the West are at
124.00, with dressed sales in Central and Eastern Nebraska trending 3.00 to
4.00 lower than last week at 196.00-198.00. Few dressed sales have traded in
Iowa at 197.00-198.00. Trading remains inactive in all other areas.
   Cattle slaughter for Friday was estimated at 119,000 and 24,000 on
Saturday for a weekly total of 639,000. Boxed beef values were called
lower on light demand and light to moderate offerings. Choice closed down
1.18 at 192.95 and Select closed down 1.31 at 172.39 on 150 total loads.
  
PRICES PAID:

            LIVE                    DRESSED                 DRESSED
            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER
            (CASH)                  (CASH)                  (GRID BASE)
-----------------------------------------------------------------------------
                                                                             
TX/OK/NM    None                    None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice                                                
KANSAS      124.00                  None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice       Select and Choice                        
NEBRASKA    few, 124.00             196.00-198.00           None             
                                                                             
-----------------------------------------------------------------------------
                                                                             
COLORADO    None                    None                    None             
                                                                             
-----------------------------------------------------------------------------
                                    Select and Choice                        
IOWA        None                    197.00-198.00           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
         www.ams.usda.gov/mnreports/sj_ls831.txt
         www.ams.usda.gov/lsmarketnews

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