Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Thu, May 29, 2014    USDA Market News Service



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



Thus far for Thursday trading has been limited to slow on moderate demand in all

major feeding regions. However, not enough sales to fully establish a market trend

in any region. The last reported market was on Wednesday in the 5 Area feeding 

regions. In the Southern Plains live sales sold at 143.00. In Nebraska live sales

sold from 143.00-145.00 and dressed sales from 230.00-232.00. In Colorado live 

sales sold at 145.00. In the Western Cornbelt live sales sold from 144.00-145.00

and dressed sales from 226.00-230.00 with most at 226.00 for two weeks out delivery.





Negotiated sales:

Confirmed:      17,265            Week ago:   36,539          Year ago:      850

Week to Date:   94,989            Week ago:   61,122          Year ago:    2,825



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      144.00-146.25 avg 145.20   144.00-145.00 avg 144.74

65 - 80% Choice      143.00-145.50 avg 144.64   143.00-145.00 avg 144.87

35 - 65% Choice      142.00-145.00 avg 143.60   141.00-145.00 avg 142.65

0 - 35% Choice       141.00-141.00 avg 141.00         -       avg

Total all grades     141.00-146.25 avg 144.55   141.00-145.00 avg 144.31



Dressed basis              Steers                     Heifers

Over 80% Choice      230.00-238.00 avg 232.59   228.00-232.00 avg 231.29

65 - 80% Choice      230.00-232.00 avg 231.52   230.00-232.00 avg 231.93

35 - 65% Choice            -       avg          233.00-233.00 avg 233.00

0 - 35% Choice             -       avg                -       avg

Total all grades     230.00-238.00 avg 231.85   228.00-233.00 avg 231.82





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        19,100

Weighted avg weight:               824

Weighted avg net price:         235.14



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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