Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831
St. Joseph, MO     Thu Feb 28, 2013    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:30 PM

Today's Reported Sales Volume:   10,000
Today’s Estimated Sales Volume:  16,000
   
  Trading is moderate on moderate to good demand in Kansas.  Compared to last 
week, live sales trading 3.00 higher at 128.00.  Trading is light in both
Nebraska and Iowa on light to moderate demand.  Early live sales sold at 128 and
a few sales early in Iowa at 202.00.  In other major feeding regions, producers
are passing current bids.

 
PRICES PAID:

            LIVE                    DRESSED                 DRESSED
            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER
            (CASH)                  (CASH)                  (GRID BASE)
-----------------------------------------------------------------------------
                                                                             
TX/OK/NM    None                    None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice                                                
KANSAS      128.00                  None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice                                            
NEBRASKA    128.00                  None                    None             
                                                                             
-----------------------------------------------------------------------------
                                                                             
COLORADO    None                    None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice       Select and Choice                        
IOWA        128.00                  early 202.00            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

1530c


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