Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Thu, June 05, 2014    USDA Market News Service



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



Thus far for Thursday negotiated cash trading has been limited 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:       2,184            Week ago:   17,303          Year ago:      734

Week to Date:    5,216            Week ago:   95,187          Year ago:    4,750



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      144.25-149.00 avg 147.29         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     144.25-149.00 avg 147.29         -       avg



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:        15,900

Weighted avg weight:               814

Weighted avg net price:         228.40



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











.

No comments

Add new comment

(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.

Welcome

to our redesigned homepage!

Scroll Down for more stories