Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Wed, July 16, 2014    USDA Market News Service



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



Thus far for Wednesday, negotiated cash trade was limited on light to moderate demand 

in Kansas and the Western Cornbelt with trade inactive on light to moderate demand in 

the Texas Panhandle and Northern Plains. Few early live sales sold at 155.00 in 

Kansas, however not enough sales for an adequate market test in any feeding region. 

The latest established market was last week with live sale in the Texas Panhandle 

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

from 155.00-157.00 and dressed sales sold mostly from 246.00-249.00. In Colorado live 

sales sold at 156.50. In the Western Cornbelt live sales sold from 154.00-157.00 and 

dressed sales from 245.00-249.00.





Negotiated sales:

Confirmed:       3,111            Week ago:    1,336          Year ago:    1,339

Week to Date:    5,044            Week ago:    3,763          Year ago:    3,294



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      154.00-154.50 avg 154.29   154.00-154.00 avg 154.00

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     154.00-154.50 avg 154.29   154.00-154.00 avg 154.00



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg          246.00-246.00 avg 246.00

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice      244.00-244.00 avg 244.00   244.00-244.00 avg 244.00

0 - 35% Choice       244.00-244.00 avg 244.00         -       avg

Total all grades     244.00-244.00 avg 244.00   244.00-246.00 avg 244.15





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:         9,900

Weighted avg weight:               841

Weighted avg net price:         251.37





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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