Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831  
St. Joseph, MO    Fri, Nov 08, 2013    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:20 pm

Today’s Reported Sales Volume:  18,000
Today’s Estimated Sales Volume: 39,000           

  Trading and demand is moderate in Kansas Friday. Compared to Thursday,
live sales are steady at 131.00, which is 1.00 lower than last week. Trading
is light in Nebraska on light to moderate demand. Compared to Thursday’s trade,
live sales are steady to mostly 1.00 higher at 131.00 to mostly 132.00. Trading
is light in Colorado with live sales 1.00 lower than last week at 132.00.
Trading is light in Iowa with a few live sales at 131.00, and dressed sales at
206.00-207.00.
  Estimated cattle slaughter Friday is 108,000 for Friday, and 28,000
for Saturday for a weekly total of 607,000.  Boxed beef values at Friday’s
close were called weak to lower on very light to light demand and light
offerings. Choice closed down 1.20 at 202.79, and Select closed down .43 at
189.74 on 108 total loads.


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      131.00                  None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice                                                
NEBRASKA    131.00-132.00           None                    None             
            Mostly 132.00                                                    
-----------------------------------------------------------------------------
            Select and Choice                                                
COLORADO    132.00                  None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice       Select and Choice                        
IOWA        131.00                  206.00-207.00           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/lpsmarketnewspage

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.lpgmn@ams.usda.gov
         www.ams.usda.gov/mnreports/sj_ls831.txt
         www.ams.usda.gov/lpsmarketnewspage

1520c



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