Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831  
St. Joseph, MO    Wed May 22, 2013    USDA Market News Service

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

Today's Reported Sales Volume:  3,000   
Today's Estimated Sales Volume: 3,000     

  On Wednesday negotiated cash trade and demand was light in the Texas 
Panhandle. Compared to last week, early live sales traded 1.00 lower at 124.00. 
Trade was mostly inactive on light demand in all other feeding regions. 
Wednesday afternoon boxed beef cutout values were firm on Choice while weak on 
Select on light to moderate demand and light offerings. Choice was up .54 at 
211.20 with Select down .78 to close at 192.19 on 192 loads. The hide and offal 
value from a typical slaughter steer for today was estimated at 14.00 per cwt 
live, up 0.02 when compared to Tuesday's value. The estimated cattle slaughter 
for Wednesday was reported at 124,000.

PRICES PAID:

            LIVE                    DRESSED                 DRESSED
            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER
            (CASH)                  (CASH)                  (GRID BASE)
-----------------------------------------------------------------------------
            Select and Choice                                                
TX/OK/NM    124.00                   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



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