Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831
St. Joseph, MO     Wed Feb 27, 2013    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:25 PM

Today's Reported Sales Volume:   none  
Today’s Estimated Sales Volume:  none
   
 
  On Wednesday negotiated cash trade was mostly inactive on light demand in all 
feeding regions. Wednesday afternoon boxed beef cutout values were higher to 
sharply higher on light to moderate demand and light offerings. Choice was up 
1.06 at 185.57 with Select up 2.30 to close at 184.87 on 187 loads. The hide and 
offal value from a typical slaughter steer for today was estimated at 14.06 per 
cwt live, up 0.08 when compared to Tuesday's value. The estimated cattle 
slaughter for Wednesday was reported at 121,000. February CME live cattle 
contracts were up 1.27 to close at 128.55.

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

1525c



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