Markets

Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831       

St. Joseph, MO   Fri Dec 12, 2014    USDA Market News Service



Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 11:00 am



Today’s Reported Sales Volume:     4,000

Today's Estimated Sales Volume:   11,000



  Trading is limited in Kansas Friday morning, with live sales for the week

selling 4.00 lower than last week at 164.00. Trading and demand is light in

Nebraska. Early live sales are trading at 162.00, with early dressed sales at

257.00 but most producers continue to pass current bids.  In Iowa a few live

sales have traded at 162.00, with a light test of dressed sales ranging from

256.00-257.00. 





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      164.00                  None                    None             

                                                                             

-----------------------------------------------------------------------------

            Select and Choice       Select and Choice                        

NEBRASKA    few, 162.00             few, 257.00             None             

                                                                             

-----------------------------------------------------------------------------

                                                                             

COLORADO    None                    None                    None             

                                                                             

-----------------------------------------------------------------------------

            Select and Choice       Select and Choice                        

IOWA        few, 162.00             few, 256.00-257.00      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



1115c

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