Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Fri, May 30, 2014    USDA Market News Service



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



So far for Friday trading in the Southern Plains has been at a standstill. The last

reported market was on Wednesday with the bulk of live sales at 143.00. In Nebraska

thus far for Friday trading has been slow on light demand. Compared to Wednesday, the

last reported market, live sales sold 1.00 to 3.00 higher from 145.00 to 146.00, with

several of these for delivery two weeks out. Not enough dressed sales for a market 

trend. On Wednesday dressed sales sold from 230.00 to 232.00. In Colorado and Iowa-

Minnesota for Friday traidng has been inactive on very light demand. Not enough sales

for a market trend. Wednesday was the last fully reported market. In Colorado live 

sales sold at 145.00. In Iowa/Minnesota live sales sold from 144.00 to 145.00. 

Dressed sales sold from 226.00 to 230.00 with most at 226.00 for delivery two weeks 

out.





Negotiated sales:

Confirmed:      13,446            Week ago:    4,697          Year ago:   26,825

Week to Date:  126,596            Week ago:   96,359          Year ago:   30,924



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      144.00-146.00 avg 145.90   145.00-145.00 avg 145.00

65 - 80% Choice      145.00-146.00 avg 145.24   145.00-145.00 avg 145.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     144.00-146.00 avg 145.33   145.00-145.00 avg 145.00



Dressed basis              Steers                     Heifers

Over 80% Choice      232.00-232.00 avg 232.00         -       avg

65 - 80% Choice      231.00-232.00 avg 231.61   231.00-231.00 avg 231.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     231.00-232.00 avg 231.77   231.00-231.00 avg 231.00





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:         9,800

Weighted avg weight:               800

Weighted avg net price:         230.59



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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