Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831  
St. Joseph, MO    Fri Jul 05, 2013    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 4:25 pm

Today’s Reported Sales Volume:  13,000 
Today’s Estimated Sales Volume: 30,000 

  Trading in Nebraska and Colorado is moderate on moderate demand. Compared to 
last week in Nebraska, dressed sales sold mostly steady at 194.00. Compared to 
last week in Colorado, live sales sold 1.00 lower from 120.00-120.50.  Trading 
in Iowa is light on light demand with a few dressed sales from 194.00-195.00. 
Trading in all other regions is inactive. 
   Friday afternoon boxed beef cutout values were weak to lower on light demand 
and offerings. Choice was down 1.39 at 196.34 with Select down .74 to close at 
187.73 on 161 loads. The hide and offal value from a typical slaughter steer for 
today was estimated at 14.59 per cwt live, unchanged when compared to Thursday's 
value. The estimated cattle slaughter for Friday was reported at 120,000, with 
Saturday at 63,000 for a weekly total of 559,000 on this holiday shortened week. 

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    120.00-121.00            193.00-194.00           None            
                                                                             
-----------------------------------------------------------------------------
            Select and Choice                                                
COLORADO    120.00-120.50            None                    None            
                                                                             
-----------------------------------------------------------------------------
                                     Select and Choice      Select and Choice
IOWA        None                     few 194.00-195.00      few 196.00       
                                                                             
-----------------------------------------------------------------------------

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

1625c



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