Central U.S. Daily Direct Feedlot Slaughter Cattle Report
SJ_LS831      
St. Joseph, MO    Mon Mar 20, 2017    USDA Market News Service	

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 4:00 PM

Today�s Reported Sales Volume:     none  
Today�s Estimated Sales Volume:    none     

 Trading in Kansas has been very limited on very light demand. A few live sales
sold at 125.00 for 15-30 day delivery, per MPR. Trading in all other regions has
been at a standstill. Boxed beef cutout values firm on Choice and weak on Select 
on light to moderate demand and light offerings. Select and Choice rib, chuck, 
and round cuts steady to weak. Choice loin cuts higher while Select weak. Beef 
trimmings mostly moderately higher on moderate demand and light offerings. Choice
cutout is 0.33 higher at 223.76 and Select cutout is 0.51 lower at 213.97 with
a Choice/Select spread of 9.79. The hide and offal value from a typical slaughter 
steer for today was estimated at 11.87 per cwt live, unchanged when compared to 
Friday's value.
 
PRICES PAID:
            LIVE                    DRESSED                 DRESSED
            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER
            (CASH)                  (CASH)                  (GRID BASE)
-----------------------------------------------------------------------------
                                                                             
TX/OK/NM    None                     None                      None          
                                                                             
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            Select and Choice                                                                 
KANSAS      A few, 125.00 per MPR    None                      None          
                                                                             
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NEBRASKA    None                     None                      None          
                                                                             
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COLORADO    None                     None                      None         
                                                                             
-----------------------------------------------------------------------------
                                                                             
IOWA        None                     None                       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

1600c