Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO     Fri Mar 8, 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 

 Negotiated cash trade was mostly inactive on light demand in all feeding 
regions. 5-Area negotiated cash week to date trade volumes per Mandatory Price 
Reporting. 10,361 in the Texas Panhandle; 17,071 in Kansas; 16,504 in Nebraska; 
5,853 in Colorado; and 24,594 in Iowa. Friday afternoon boxed beef cutout values 
were steady to firm on light demand and offerings. Choice was up .38 at 197.28 
with Select down .16 to close at 194.93 on 122 loads. The hide and offal value 
from a typical slaughter steer for today was estimated at 13.86 per cwt live, 
down -0.14 when compared to Thursday's value. The estimated cattle slaughter for 
Friday was reported at 110,000 with Saturday at 10,000 for a week to date 
estimate of 595,000.
   
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             
                                                                             
-----------------------------------------------------------------------------
                                                                             
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

1550c

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5. Drought losses in Oklahoma top $400 million for 2012
6. New animal identification rules aid disease traceability

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