Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO     Thu, Jan 24, 2013    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:15 PM

Today's Reported Sales Volume:   9,000
Today's Estimated Sales Volume: 25,000
   
  Trading is moderate in Nebraska on good demand. Compared to last week,
live sales are 1.00 lower at 122.00-124.00, but are steady to 1.50 higher
than the trade in the West yesterday. Dressed sales are steady to firm with
the limited trade last week at 198.00, few sales up to 199.00. Trading
is light to moderate on good demand in Iowa with a few sales live sales
at 125.00, and dressed sales 1.00 to 3.00 higher than last week’s limited
test at 198.00-199.00.
  Cattle slaughter for Thursday was estimated at 125,000.  Boxed beef
values for Thursday were called lower on light to moderate demand and
moderate offerings. Choice closed down 1.77 at 188.01 and Select closed
down .71 at 182.19 on 201 total loads.

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    122.00-124.00           198.00, few 199.00      None             
                                                                             
-----------------------------------------------------------------------------
                                                                             
COLORADO    None                    None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice       Select and Choice                        
IOWA        few, 125.00             198.00-199.00           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

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