Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Wed, May 21, 2014    USDA Market News Service



Afternoon National Slaughter Cattle Review as of 2:00 pm Wednesday



Thus far for Wednesday negoitated cash trading has been at a standstill in the 

Southern Plains and Colorado. In Nebraska and the Western Cornbelt trading has 

been limited on light demand. In Nebraska a few live sales have sold at 146.50. 

In the Western Cornbelt a few live sales have sold at 145.00. However, not enough

sales for a full market trend. The last fuly reported markets were last week in 

the Texas Panhandle live sales ranged from 144.00-146.00 on a light test. In Kansas

live sales sold at 145.00. For the prior week in Nebraska and the Western Cornbelt 

live sales sold from mostly 147.00-147.50 and dressed sales sold mostly at 234.00. 

In Colorado live sales sold at 147.00 for the previous week.



Negotiated sales:

Confirmed:       5,467            Week ago:      814          Year ago:    1,950

Week to Date:    6,887            Week ago:    5,554          Year ago:    3,915



Negotiated: prices paid for Domestic Slaughter steers and heifers:

(Information derived from the 5 area weighted average LM_CT100)



Live basis                 Steers                     Heifers

Over 80% Choice      146.50-146.50 avg 146.50   145.00-145.00 avg 145.00

65 - 80% Choice      145.00-146.50 avg 146.15         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     145.00-146.50 avg 146.26   145.00-145.00 avg 145.00



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg          234.00-234.00 avg 234.00

65 - 80% Choice      232.00-234.00 avg 233.69   232.00-232.00 avg 232.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     232.00-234.00 avg 233.69   232.00-234.00 avg 232.22





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        10,800

Weighted avg weight:               825

Weighted avg net price:         236.04



Covers transactions reported at 2:00 pm today.  Comments and market conditions

may include information gathered from voluntary sources, all prices, weights

and head counts are only those gathered through the mandatory reporting system.



Source:  USDA Market News Service, St Joseph, MO

         (816)-676-7000 e-mail:  stjoe.lpgmn@ams.usda.gov

         www.ams.usda.gov/mnreports/lm_ct131.txt



1530c  staff











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