Markets

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831 ***Correction to BOXED BEEF CUTOUT***      

St. Joseph, MO   Mon Dec 22, 2014    USDA Market News Service



Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:30 pm



Today’s Reported Sales Volume:     none

Today's Estimated Sales Volume:    none



  

On Monday negotiated cash trade was mostly inactive on light demand in all 

feeding regions. Monday afternoon boxed beef cutout values were steady to firm 

on light to moderate demand and light offerings. Choice was up .79 at 239.36 

with Select up .34 to close at 230.22 on 128 loads. The hide and offal value 

from a typical slaughter steer for today was estimated at 15.62 per cwt live, 

down -0.12 when compared to Friday's value. The estimated cattle slaughter for 

Monday was reported 115,000. December CME live cattle contracts were up 1.10 to 

settle at 161.85 with February contracts up .72 to settle at 160.82.   



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/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



1530c

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