Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Fri, June 20, 2014    USDA Market News Service



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



So far for Friday negotiated cash trading in the Southern Plains has been at a

stanstill. Wednesday was the last reported market with live sales at 150.00. Thus

far for Friday in the Northern Plains and Western Cornbelt trading has been limited

with light to moderate demand. Not enough sales in any price range for a market 

trend. In these regions the last fully reported market was on Thursday. In the

Northern Plains live sales sold at 150.00 and in Nebraska dressed sales sold mostly 

at 238.00. In the Western Cornbelt live sales sold at 150.00. Scatterd dressed sales

sold from 233.00-240.00 but not enough for a market trend. The last fully tested

dressed sales market was for the prior week with sales from 235.00-238.00.



Negotiated sales:

Confirmed:       3,752            Week ago:   16,151          Year ago:    3,009

Week to Date:   91,508            Week ago:   96,543          Year ago:   38,678



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      149.00-149.00 avg 149.00         -       avg

65 - 80% Choice      148.00-150.00 avg 149.58         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     148.00-150.00 avg 149.55         -       avg



Dressed basis              Steers                     Heifers

Over 80% Choice      238.00-238.00 avg 238.00   238.00-238.00 avg 238.00

65 - 80% Choice      235.00-238.00 avg 236.14   235.00-238.00 avg 236.46

35 - 65% Choice      235.00-240.00 avg 237.02         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     235.00-240.00 avg 236.97   235.00-238.00 avg 236.68





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        12,100

Weighted avg weight:               809

Weighted avg net price:         233.93



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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