Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831
St. Joseph, MO    Thu, May 10, 2012    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:50 PM

Today's Reported Sales Volume:  
Today’s Estimated Sales Volume: 
 

     Thursday cattle trading has been slow to develop in all major feeding areas.
Boxed beef cutout values lower on moderate demand and moderate to heavy offerings.
Select and Choice chuck and rounds weak, while rib and loins weak to lower.  Beef
trimmings sharply lower on moderate demand and heavy offerings. Choice cuts are 1.59
lower at 189.92 and Select 2.09 lower at 183.86 with 260 loads traded.  Estimated
Daily Livestock Slaughter under Federal Inspection for Thursday is 127,000.
 

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             
                                                                             
 --------------------------------------------------------------------------- 
                   
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
         Website: www.ams.usda.gov/mnreports/sj_ls831.txt
         www.ams.usda.gov/lsmarketnews
 
1550c


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