Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Fri, July 11, 2014    USDA Market News Service



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



So far for Friday trading has been very limited on light demand in all major feeding

regions. Not enough sales for a full market trend. The last reported market in all

regions was on Thursday. In the Texas Panhandle live sales sold from 155.00-156.00.

In Kansas live sales sold at 156.00. In Nebraska live sales sold from 155.00-157.00

and the bulk of dressed sales sold from 246.00-249.00. Live sales in Colorado sold

at 156.50. The Western Cornbelt saw live sales from 154.00-157.00 and dressed sales

from 245.00-249.00.





Negotiated sales:

Confirmed:       3,702            Week ago:                   Year ago:   12,425

Week to Date:  100,466            Week ago:  108,773          Year ago:   22,006



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      155.00-155.00 avg 155.00   155.00-155.00 avg 155.00

65 - 80% Choice      155.00-155.00 avg 155.00         -       avg

35 - 65% Choice      155.00-155.00 avg 155.00   155.00-155.00 avg 155.00

0 - 35% Choice             -       avg                -       avg

Total all grades     155.00-155.00 avg 155.00   155.00-155.00 avg 155.00



Dressed basis              Steers                     Heifers

Over 80% Choice      247.00-247.00 avg 247.00         -       avg

65 - 80% Choice      244.00-245.00 avg 244.43         -       avg

35 - 65% Choice      245.00-245.00 avg 245.00         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     244.00-247.00 avg 246.02         -       avg





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        17,100

Weighted avg weight:               795

Weighted avg net price:         248.54





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)-676-7000 e-mail:  stjoe.lpgmn@ams.usda.gov

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



1530c  staff











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