Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831
St. Joseph, MO     Mon Nov 19, 2012    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 Monday negotiated cash trade was inactive on light demand in all feeding 
regions.  Monday afternoon boxed beef cutout values were steady on Select and 
higher on Choice on moderate to fairly good demand and moderate to heavy 
offerings. Choice was up 1.15 at 194.17 with Select down .11 to close at 172.97 
on 237 loads.The hide and offal value from a typical slaughter steer for today 
was estimated at 12.92 per cwt live, down -0.02 when compared to Friday's value. 
The estimated cattle slaughter for Monday was reported at 129,000. December CME 
live cattle contracts were up .45 to close at 126.60.
    
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

1525



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