Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831  
St. Joseph, MO    Thu Jun 20, 2013    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 4:10 pm

Today’s Reported Sales Volume:   2,000
Today’s Estimated Sales Volume: 10,000  

On Thursday negotiated cash was light on light to moderate demand in Eastern 
Nebraska and Iowa. In Nebraska few dressed sales traded from 194.00-195.00 with 
a few live sales at 121.50. In Iowa dressed sales were noted at 192.00, however 
not enough sales in either feeding region for an adequate market trend. Trade 
was inactive in all other feeding regions. Thursday afternoon boxed beef cutout 
values firm to higher on light to moderate demand and offerings. Choice was up 
.38 at 199.36 with Select up 1.19 to close at 185.88 on 150 loads. The hide and 
offal value from a typical slaughter steer for today was estimated at 14.48 per 
cwt live, unchanged when compared to Wednesday's value. The estimated cattle 
slaughter for Thursday was reported at 124,000.

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        Select and Choice                       
NEBRASKA    Few, 121.50              Few 194.00-195.00       None            
                                                                             
-----------------------------------------------------------------------------
                                                                             
COLORADO    None                     None                    None            
                                                                             
-----------------------------------------------------------------------------
                                     Select and Choice                       
IOWA        None                     192.00                  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

1610c



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