Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831  
St. Joseph, MO    Fri Jun 07, 2013    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:25 pm

Today’s Reported Sales Volume:  4,000  
Today’s Estimated Sales Volume: 8,000

  Trading is light on light demand in the south plains of TX.  Compared to last 
week, live sales trading 2.00 lower at 122.00.  Trading is light in Iowa on 
light demand.  Compared to last week, live sales trading 1.00 to 1.50 lower at 
123.00 to 124.00 while dressed sales sold 2.00 lower at 196.00 to 198.00.  
Trading in other feeding regions is slow on light demand.

  Boxed beef cutout values lower on light demand and light to moderate 
offerings.  Choice cutouts closed down 2.06 at 201.57, while Select cutouts 
closed down 1.47 at 183.37. The hide and offal value from a typical slaughter 
steer for today was estimated at 14.40 per cwt live, down 0.01 when compared to 
Thursday's value.  Estimated cattle slaughter for Friday reported at 124,000 
with Saturday at 24,000 for a weekly total of 644,000.


PRICES PAID:

            LIVE                    DRESSED                 DRESSED
            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER
            (CASH)                  (CASH)                  (GRID BASE)
-----------------------------------------------------------------------------
            Select and Choice                                                
TX/OK/NM    122.00                   None                    None            
                                                                             
-----------------------------------------------------------------------------
                                                                             
KANSAS      None                     None                    None            
                                                                             
-----------------------------------------------------------------------------
                                                                             
NEBRASKA    None                     None                    None            
                                                                             
-----------------------------------------------------------------------------
                                                                             
COLORADO    None                     None                    None            
                                                                             
-----------------------------------------------------------------------------
            Select and Choice        Select and Choice                     
IOWA        123.00-124.00            196.00-198.00           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

1525c


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