Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831  
St. Joseph, MO    Wed Jun 18, 2014    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 2:05 pm

Today’s Reported Sales Volume:   10,000 
Today’s Estimated Sales Volume:  12,000
  
   Trading has been slow in Nebraska Wednesday on light to moderate demand.
Isolated live sales have traded at 148.00 for delivery more than two weeks out.
Limited dressed trade has ranged from 234.00-238.00, but not enough to
establish a market.
  Cattle slaughter for Wednesday was estimated at 116,000.

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    148.00                  few, 234.00-238.00      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/lpsmarketnewspage

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.lpgmn@ams.usda.gov
         www.ams.usda.gov/mnreports/sj_ls831.txt
         www.ams.usda.gov/lpsmarketnewspage

1405c



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