Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO     Tue Feb 12, 2013    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:40 PM

Today's Voluntary Reported Sales Volume:  none 
   
  On Tuesday negotiated cash trade was limited on light demand in all feeding 
regions with a few early live sales at 123.00. Afternoon negotiated cash volumes 
per Mandatory Price Reporting. 80 in the Texas Panhandle, 1,126 in Kansas, 2,685 
in Nebraska, 2,486 in Colorado. Tuesday afternoon boxed beef cutout values were 
steady to firm on moderate demand and offerings. Choice was up .73 at 183.45 
with Select up .15 to close at 179.30 on 169 loads. The hide and offal value 
from a typical slaughter steer for today was estimated at 13.53 per cwt live, 
down -0.06 when compared to Monday's value. The estimated cattle slaughter for 
Tuesday was reported at 121,000.
 
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
         www.ams.usda.gov/mnreports/sj_ls831.txt
         www.ams.usda.gov/lsmarketnews

1540c

1. Future of food discussion with Agriculture Secretary
2. Ag markets diverged prove rather volatile on Thursday
3. Dairy slaughter numbers drop a tad
4. Reduce your risk when commingling calves
5. Corn futures relapse in wake of Wednesday's rally
6. Wet U.S. Midwest sections may lead to fewer corn acres

1. Commentary: Milk faces branding dilemma
2. 4 rules for growing a business or industry
3. Chocolate milk a top post-workout food
4. Seven jobs more dangerous than farming
5. What do dairy exports mean for Minnesota?
6. Salma Hayek: Milk part of 'perfect' breakfast

1. Seven jobs more dangerous than farming
2. 2014 Farm Bill: Are we near an agreement?
3. Farm bill and immigration reform action needed
4. Class III futures close out quietly last week
5. 4 rules for growing a business or industry
6. White House urges Senate to cut crop insurance in farm bill