Central U.S. Daily Direct Feedlot Slaughter Cattle Report
USDA - Thu May 18, 4:36PM CDT
SJ LS831
St. Joseph, MO	Thu May 18, 2017	USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 4:30 PM

Today�s Reported Sales Volume:        17,000  
Today�s Estimated Sales Volume:       40,000 
  
  Trade and demand was moderate in the Southern Plains on Thursday. Compared to last 
week in the Texas Panhandle live sales sold 4.00 lower at 134.00. In Kansas compared 
to last week live sales sold 4.00-5.00 lower from 133.00-134.00. In the Northern 
Plains and Iowa trade was slow on moderate demand. In Nebraska live sales were 
reported from 133.00-135.50, with live sales at 135.00 in Colorado. In the Western 
Cornbelt a few live sales sold at 134.00 and dressed at 212.00. Thursday afternoon 
boxed beef cutout values weak to lower on light to moderate demand and offerings. 
Choice was down .96 at 247.21 with Select down .27 to close at 221.66 on 114 loads. 
The hide and offal value from typical fed cattle for today was estimated at 11.34 per 
cwt live, down 0.03 from Wednesday's value. The estimated cattle slaughter for 
Thursday was reported at 107,000.
 
PRICES PAID:
            LIVE                    DRESSED                 DRESSED
            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER
            (CASH)                  (CASH)                  (GRID BASE)
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            Select and Choice                                                
TX/OK/NM    134.00                   None                       None         
                                                                             
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            Select and Choice                                                
KANSAS      133.00-134.00            None                       None         
                                                                             
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            Select and Choice                                                
NEBRASKA    133.00-135.50            None                       None         
                                                                             
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            Select and Choice                                                
COLORADO    135.00                   None                       None         
                                                                             
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            Select and Choice        Select and Choice                       
IOWA        few, 134.00              few, 212.00                None         
                                                                             
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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

1630 c