Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO     Fri Jan 4, 2013    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:05 PM

Today’s Reported Sales Volume:   9,000
Today’s Estimated Sales Volume: 20,000

    Trading is moderate in Nebraska and Iowa Friday afternoon on moderate
to good demand. Compared to last week, dressed sales are 2.00 to 3.00
higher at 205.00. Trading remains inactive in all other areas.
   Estimated slaughter for Friday is 127,000, with 54,000 for Saturday, for
a weekly total of 519,000. 

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             
                                                                             
-----------------------------------------------------------------------------
                                    Select and Choice                        
NEBRASKA    None                    205.00                  None             
                                                                             
-----------------------------------------------------------------------------
                                                                             
COLORADO    None                    None                    None             
                                                                             
-----------------------------------------------------------------------------
                                    Select and Choice                        
IOWA        None                    205.00                  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

1505c

1. Meat and poultry trends in the U.S.
2. Corn and soybean prices continue to retrace 2012 drought rally
3. Ag markets generally mixed to start this week
4. USDA announces Conservation Reserve Program sign-up
5. Survey reveals most Americans in favor of COOL
6. Michigan hay buyers should plan purchases early

1. Ag markets were mixed to start the new week
2. U.S. cattle placements rise in April as feed costs subside
3. Schwieterman: Cattle futures end week with sharp losses
4. Insects. They’re what’s for dinner!
5. Hay buyers should plan purchases early
6. The relationship between retail gasoline prices and futures prices

1. Tyson selects panel to monitor animal welfare program
2. Buffet concerned about soil and starvation
3. 2014 Farm Bill: Are we near an agreement?
4. BeefTalk: How do we get the next generation to raise beef?
5. Farm bill and immigration reform action needed
6. Boxed beef hits record highs, cattle weak to lower