Central U.S. Daily Direct Feedlot Slaughter Cattle Report

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SJ_LS831  
St. Joseph, MO    Fri Apr 4, 2014    USDA Market News Service

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

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

 Trading is limited in the Texas Panhandle and Kansas Friday afternoon
on light to moderate demand. Compared to last week, early live sales are
2.00 lower in the Texas Panhandle, and 2.00 to 4.00 lower in Kansas at
148.00.
 Trading is light to moderate in Nebraska Friday afternoon on light to
moderate demand. Few early live sales have traded at 150.00. Compared to last
week, early dressed sales are 4.00 to 5.00 lower at 239.00 to 241.00. Trading
remains inactive in all other regions with light to moderate buyer inquiry.
  Cattle slaughter was estimated at 105,000 on Friday, and 11,000 on
Saturday for a weekly total of 583,000. Boxed Beef values were called 
sharply lower on light demand and moderate offerings. Choice closed down
3.21 at 228.74 and Select closed down 4.04 at 217.37 on 166 total loads.


PRICES PAID:

            LIVE                    DRESSED                 DRESSED
            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER
            (CASH)                  (CASH)                  (GRID BASE)
-----------------------------------------------------------------------------
            Select and Choice                                                
TX/OK/NM    few, 148.00             None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice                                                
KANSAS      few, 148.00             None                    None             
                                                                             
-----------------------------------------------------------------------------
            Select and Choice       Select and Choice                        
NEBRASKA    few, 150.00             239.00-241.00           None             
                                                                             
-----------------------------------------------------------------------------
                                                                             
COLORADO    None                    None                    None             
                                                                             
-----------------------------------------------------------------------------
                                    Select and Choice       Select and Choice
IOWA        None                    few, 242.00             242.00           
                                                                             
-----------------------------------------------------------------------------

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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