Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Thu, July 17, 2014    USDA Market News Service



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



Thus far for Thursday, negotiated cash trade was light to moderate in Nebraska and 

light in Colorado on good demand. Compared to Wednesday in Nebraska, live sales sold 

mostly steady from 156.00-157.50 and dressed sales sold steady to firm from 246.00-

248.00. In Colorado compared to Wednesday, live sales sold steady to firm at 157.50. 

Trade was light on moderate demand in the Western Cornbelt. Compared to Wednesday 

live sales sold mostly steady from 155.00-156.00 with dressed sales steady to firm 

from 246.00-248.00. Trade was mostly inactive on light to moderate demand in the 

Southern Plains. The latest established market in Kansas was on Wednesday with live 

sales from 155.00-156.00. In the Texas Panhandle a limited amount of live sales have 

sold at 155.00 this week however, the latest established market was last week, with 

sales from 155.00-156.00.



Negotiated sales:

Confirmed:      16,945            Week ago:   56,416          Year ago:      939

Week to Date:   90,356            Week ago:   71,942          Year ago:    7,194



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      155.00-157.50 avg 156.06   155.00-157.00 avg 156.21

65 - 80% Choice      155.00-157.50 avg 156.34   156.00-157.50 avg 156.45

35 - 65% Choice      157.00-157.00 avg 157.00         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     155.00-157.50 avg 156.28   155.00-157.50 avg 156.41



Dressed basis              Steers                     Heifers

Over 80% Choice      246.00-248.00 avg 246.84   246.00-247.00 avg 246.84

65 - 80% Choice      244.00-247.00 avg 245.93   245.00-247.00 avg 246.18

35 - 65% Choice      246.00-248.00 avg 247.60         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     244.00-248.00 avg 246.58   245.00-247.00 avg 246.34





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        12,500

Weighted avg weight:               829

Weighted avg net price:         248.07





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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