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Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Tue, June 17, 2014    USDA Market News Service



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



So far for Tuesday trading has been inactive on light demand in all feeding regions.

Not enough sales for a market trend. Last week in the Texas Panhandle live sales sold

at 147.00. In Kansas live sales sold at 148.00. In the Northern Plains and the 

Western Cornbelt live sales sold at 150.00. Dressed sales in Nebraska sold from 

236.00-238.00. Dressed sales in the Western Cornbelt dressed sales sold from 235.00-

238.00.



Negotiated sales:

Confirmed:         147            Week ago:      257          Year ago:    1,430

Week to Date:    1,563            Week ago:      578          Year ago:    2,805



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                -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg                -       avg



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:        22,800

Weighted avg weight:               819

Weighted avg net price:         232.46



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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