Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Wed, June 04, 2014    USDA Market News Service



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



So far for Wednesday trading has been inactive on very light demand in all feeding 

regions. Not enough sales for a market trend. Last week live sales sold at 143.00 

in the Southern Plains. In the Northern Plains live sales sold at 145.00. Dressed 

sales in Nebraska sold from 230.00-232.00. In Iowa/Minnesota live sales sold at 

145.00 and dressed sales sold at 230.00.



Negotiated sales:

Confirmed:         876            Week ago:    4,325          Year ago:      469

Week to Date:    1,869            Week ago:   10,015          Year ago:    2,789



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      144.00-144.00 avg 144.00   145.00-145.00 avg 145.00

65 - 80% Choice      143.50-143.50 avg 143.50   143.00-143.00 avg 143.00

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

0 - 35% Choice             -       avg                -       avg

Total all grades     143.00-144.00 avg 143.31   143.00-145.00 avg 144.04



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg                -       avg





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        23,100

Weighted avg weight:               830

Weighted avg net price:         231.63



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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