Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Tue, May 27, 2014    USDA Market News Service



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



Thus far for Tuesday negotiated cash trading in the Southern Plains has been at a

standstill. Last week live sales sold from  143.00-144.00. In Nebraska for Tuesday

trading has been limited on very light demand. A few early live sales sold at 143.00.

Not enough to establish a market trend. Last week live sales sold from 144.00-146.50

and dressed sales from 230.00-234.00. Tuesday in Colorado and the Western Cornbelt

trading has been inactive on very light demand. Not enough sales for a market trend.

Last week in Colorado live sales sold from 144.00-145.00. In the Western Cornbelt 

live sales mostly at 145.00 and dressed sales sold from 230.00-234.00.





Negotiated sales:

Confirmed:       5,669            Week ago:      200          Year ago:      244

Week to Date:    5,669            Week ago:      572          Year ago:      244



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            -       avg          144.50-144.50 avg 144.50

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice      143.00-143.00 avg 143.00   143.00-143.00 avg 143.00

0 - 35% Choice             -       avg                -       avg

Total all grades     143.00-143.00 avg 143.00   143.00-144.50 avg 143.21



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice      232.00-232.00 avg 232.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     232.00-232.00 avg 232.00         -       avg





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        33,200

Weighted avg weight:               823

Weighted avg net price:         233.50



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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