Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831  
St. Joseph, MO    Mon Mar 3, 2014    USDA Market News Service

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

Today’s Reported Sales Volume:  none     
Today’s Estimated Sales Volume: none  

 
On Monday negotiated cash trade was at a standstill in all feeding regions. 
Monday afternoon boxed beef cutout values were sharply higher on moderate to 
fairly good demand and light offerings. Choice was up 3.79 at 229.12 with Select 
up 4.69 to close at 4.69 on 145 loads. The hide and offal value from a typical 
slaughter steer for today was estimated at 15.46 per cwt live, unchanged when 
compared to Friday's value. The estimated cattle slaughter for Monday was 
reported at 113,000. April CME live cattle contracts were down .85 to settle at 
144.12.

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/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

1540c



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