Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831
St. Joseph, MO     Mon Dec 3, 2012    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:15 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 firm on light to 
moderate demand and light offerings. Choice was up .29 at 195.32 with Select up 
.39 to close at 174.59 on 141 loads. The hide and offal value from a typical 
slaughter steer for today was estimated at 12.84 per cwt live, up 0.02 when 
compared to Friday's value. The estimated cattle slaughter for Monday was 
reported at 123,000. December CME live cattle contracts were up .27 to close at 
127.00.
   
  
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

1515c


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