Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO     Fri Feb 15, 2013    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:50 PM

Today's Reported Sales Volume:  none   
Today’s Estimated Sales Volume: none
   
   On Friday negotiated cash trade was limited on light demand in all feeding 
regions. Week to date negotiated cash trade volumes per Mandatory Price 
Reporting; 7,079 in the Texas Panhandle, 11,816 in Kansas, 21,537 in Nebraska, 
5,378 in Colorado and 11,763 in Iowa. Friday afternoon boxed beef cutout values 
were lower on Choice and higher on Select on light demand and light to moderate 
offerings. Choice was down 1.58 at 181.95 with Select up .80 to close at 180.40 
on 142 loads. The hide and offal value from a typical slaughter steer for today 
was estimated at 13.68 per cwt live, up 0.01 when compared to Thursday's value. 
The estimated cattle slaughter for Friday was reported at 110,000 with 14,000 on 
Saturday for a week to date estimate of 596,000. February CME live cattle 
contracts were up .60 to close at 126.50. 

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
         www.ams.usda.gov/mnreports/sj_ls831.txt
         www.ams.usda.gov/lsmarketnews

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