Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831  
St. Joseph, MO    Tue Aug 26, 2014    USDA Market News Service

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

Today’s Reported Sales Volume:    none  
Today’s Estimated Sales Volume:   none  
  
On Tuesday negotiated cash trade was mostly inactive on light demand in all 
feeding regions. Tuesday afternoon boxed beef cutout values were weak to lower 
on light to moderate demand and moderate offerings. Choice was down 1.21 at 
248.48 with Select down .59 to close at 238.48 on 184 loads. The hide and offal 
value from a typical slaughter steer for today was estimated at 16.59 per cwt 
live, down -0.03 when compared to Monday's value. The estimated cattle slaughter 
for Tuesday was reported at 116,000. August CME live cattle contracts were up 
.80 to settle at 153.55 with October up .10 to settle at 148.25. 

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

1525c



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