Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Thu, June 26, 2014    USDA Market News Service



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



Thus far for Thursday, negotiated cash trade was inactive on light to moderate demand 

in the Southern and Northern Plains. In the Western Cornbelt trade was very limited 

on light to moderate demand. The latest established market in all feeding regions was 

last week with live sales at 150.00 in the Southern Plains and Colorado. Last week in 

Nebraska and the Western Cornbelt, live sales sold from 148.00-150.00. In Nebraska 

dressed sales sold at 238.00 with sales from 235.00-238.00 in the Western Cornbelt.





Negotiated sales:

Confirmed:         916            Week ago:   29,560          Year ago:    1,001

Week to Date:    3,718            Week ago:   61,212          Year ago:    4,118



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      150.00-150.00 avg 150.00   150.00-150.00 avg 150.00

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     150.00-150.00 avg 150.00   150.00-150.00 avg 150.00



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg          236.00-236.00 avg 236.00

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg          236.00-236.00 avg 236.00





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        16,300

Weighted avg weight:               821

Weighted avg net price:         238.54



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)-238-0678 or (816)-676-7000 e-mail:  stjoe.lgmn@ams.usda.gov

         www.ams.usda.gov/mnreports/lm_ct131.txt



1530c  staff











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