Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Wed, August 06, 2014    USDA Market News Service



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



So far for Wednesday negotiated cash trading has been inactive on very light demand

in the Southern Plains, Colorado and Western Cornbelt. In Nebraska limited trading

on very light demand was seen. A few live sales sold at 164.00. However, not enough 

sales for a market trend. Last week in the Texas Panhandle live sales sold at 162.00 

with a light test. In Kansas live sales sold at 163.00. The prior week in Nebraska

live sales sold from 162.00-164.00 and dressed sales from 255.00-258.00. In Colorado 

live sales sold at 164.00. For the previous week in the Western Cornbelt live sales 

sold from 161.00-163.00 and dressed sales from 254.00-255.00.





Negotiated sales:

Confirmed:       4,686            Week ago:      197          Year ago:      829

Week to Date:    6,486            Week ago:    2,464          Year ago:    3,883



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            -       avg          164.00-164.00 avg 164.00

65 - 80% Choice      164.00-164.00 avg 164.00   164.00-164.00 avg 164.00

35 - 65% Choice      164.00-164.00 avg 164.00         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     164.00-164.00 avg 164.00   164.00-164.00 avg 164.00



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:        12,900

Weighted avg weight:               852

Weighted avg net price:         259.25





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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