SJ_LS831
St. Joseph, MO    Fri May 16, 2008    USDA Market News Service

Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 11:35 am

Today's Reported Sales Volume: 3,000
Today’s Estimated Volume:      6,000

   Trading is light in Kansas this morning on light to moderate demand.
Compared to last week, live sales are trending steady at 94.00. Trade 
remains inactive in the Texas Panhandle but good buyer inquiry. 
   Trading remains inactive in Nebraska. Nebraska did have about 8,000
head Thursday with sales at 150.00.

Note: prices are based on net weights FOB the feedlot after a 3-4% shrink
unless otherwise noted. Dressed prices based on hot carcass weights delivered
to the plant. 

PRICES PAID TODAY:

            LIVE                    DRESSED                 DRESSED
            STEER/HEIFER            STEER/HEIFER            STEER/HEIFER
            (CASH)                  (CASH)                  (GRID BASE)
-----------------------------------------------------------------------------
                                                                            
TX/OK/NM     None                   None                   None             
                                                                             
-----------------------------------------------------------------------------
             Select and Choice                                                               
KANSAS       94.00                  None                   None             
                                                                            
-----------------------------------------------------------------------------
                                                            
NEBRASKA     None                   None                   None             
                                                                            
-----------------------------------------------------------------------------
                                                                            
COLORADO     None                   None                   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: 816-238-0678  email: stjoe.lgmn@usda.gov
         Website: www.ams.usda.gov/mnreports/sj_ls831.txt

1140C





.