Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO     Fri Jan 11, 2013    USDA Market News Service

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

Today's Estimated Sales Volume: 17,000 
   
  On Friday negotiated cash trade was slow on light to moderate demand in all 
feeding regions. Few live sales traded in the Texas Panhandle at 126.00 with 
limited sales in Kansas at 125.00. In Nebraska dressed sales traded from 202.00-
203.00. 5-Area negotiated week to date cash trade per Mandatory Price Reporting. 
6,853 in the Texas Panhandle; 14,523 in Kansas; 25,977 in Nebraska; 6,560 in 
Colorado and 13,824 in Iowa. Friday afternoon boxed beef cutout values were firm 
on Choice and weak on Select on light to moderate demand and offerings. Choice 
was up .43 at 194.24 with Select down .47 to close at 183.49 on 157 loads. The 
hide and offal value from a typical slaughter steer for today was estimated at 
13.53 per cwt live, down -0.01 when compared to Thursday's value. The estimated 
cattle slaughter for Friday was reported at 110,000 with 13,000 for Saturday for 
a week to date estimate of 624,000.

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                        
NEBRASKA    None                    202.00-203.00           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/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
         www.ams.usda.gov/mnreports/sj_ls831.txt
         www.ams.usda.gov/lsmarketnews

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