Central U.S. Daily Direct Feedlot Slaughter Cattle Report

SJ_LS831
St. Joseph, MO     Wed Nov 21, 2012    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:35 PM

Today’s Reported Sales Volume:   7,000
Today’s Estimated Sales Volume: 18,000

  Trading is light to moderate in the Texas Panhandle with live sales
2.00 higher than last week at 128.00. Few early sales in Kansas have traded
at 128.00. Trading is light to moderate in Nebraska with a few early live
sales at 128.00. Dressed sales are trending 4.00 to 5.00 higher than last
week at 201.00. Trading is light in Colorado with early live sales 2.00 higher
than last week at 128.00. Trading is light in Iowa with a few live sales at
127.50, and dressed sales 4.00 to 5.00 higher than last week at 200.00. 
  
PRICES PAID:

            LIVE                    DRESSED                 DRESSED
            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER
            (CASH)                  (CASH)                  (GRID BASE)
-----------------------------------------------------------------------------
            Select and Choice                                                                 
TX/OK/NM    128.00                  None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice                                                
KANSAS      few, 128.00             None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice       Select and Choice                        
NEBRASKA    128.00                  201.00                  None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice                                                
COLORADO    128.00                  None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice       Select and Choice                        
IOWA        127.50                  200.00                  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
Website: www.ams.usda.gov/mnreports/sj_ls831.txt
www.ams.usda.gov/lsmarketnews

1535c

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