Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO     Fri Feb 22, 2013    USDA Market News Service

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

Today's Reported Sales Volume:  12,000  
Today’s Estimated Sales Volume: 18,000
   
  Trading is light in Kansas on light to moderate trading.  Compared to last
week, lives sales sold 2.00 higher at 125.00.  Trading is light to moderate
on moderate demand in eastern Nebraska.  Compared to last week, dressed sales
sold 2.00 higher at 198.00.  Few live sales reported in Nebraska at 124.00 to
125.00.  Trading is light in Iowa on light demand. Few live sales reported this
afternoon at 123.00.  Trading is inactive in other major feeding regions at
this time as producers pass current bids.
  Friday's Boxed beef cutout values steady to firm on moderate to fairly good
demand and moderate offerings.  Choice cutouts closed up .54 at 182.89 while
Select cutouts closed down .01 at 180.19 on 170 total loads reported.  The
hide and offal value from a typical slaughter steer for today was estimated at
13.98 per cwt live, up 0.18 when compared to Thursday's value.  Estimated
Cattle Slaughter for Friday reported at 103,000 and Saturday at 25,000 for
a weekly total of 573,000.  

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      125.00                  None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice       Select and Choice                        
NEBRASKA    124.00-125.00           198.00                  None             
                                                                             
-----------------------------------------------------------------------------
                                                                             
COLORADO    None                    None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice                                                
IOWA        few 123.00              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

1550c

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