Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Wed, July 09, 2014    USDA Market News Service



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



So far for Wednesday trading in the Southern Plains has been at a standstill. In the

Northern Plains and Western Cornbelt trading has been very limited on very light 

demand. Not enough sales for a market trend. Last week in the Southern Plains live 

sales sold at 158.00. In Nebraska live sales sold mostly at 159.00 and dressed sales 

at 250.00. In Colorado live sales sold from 158.00-159.00. In the Western Cornbelt 

live sales sold from 154.00-159.00 and dressed sales sold from 248.00-250.00.



Negotiated sales:

Confirmed:       1,230            Week ago:    3,184          Year ago:      794

Week to Date:    3,657            Week ago:    5,651          Year ago:    3,441



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      158.00-158.00 avg 158.00         -       avg

65 - 80% Choice      157.00-157.00 avg 157.00   157.00-157.00 avg 157.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     157.00-158.00 avg 157.81   157.00-157.00 avg 157.00



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:        15,000

Weighted avg weight:               828

Weighted avg net price:         246.95





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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