Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Wed, July 23, 2014    USDA Market News Service



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



Thus far for Wednesday, negotiated cash trade was mostly inactive on light demand in 

all feeding regions. The latest established market in the Texas Panhandle was two 

weeks ago with live sales from 155.00-156.00. Last week in Kansas live sales sold 

from 155.00-156.00. In Nebraska for the previous week, the bulk of live sales sold at 

156.00 with dressed sales from 246.00-248.00. In Colorado last week, live sales sold 

from 156.00-157.50. In the Western Cornbelt last week, the bulk of live sales sold 

from 155.00-156.00 with dressed sales from 246.00-248.00.





Negotiated sales:

Confirmed:         819            Week ago:    3,111          Year ago:   10,772

Week to Date:    3,928            Week ago:    5,044          Year ago:   12,877



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            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     158.00-158.00 avg 158.00         -       avg



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:         6,600

Weighted avg weight:               847

Weighted avg net price:         249.79





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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