Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Fri, August 15, 2014    USDA Market News Service



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



Thus far for Friday in all feeding regions trading has been mostly inactive on very

light demand. Not enough sales to fully establish a market trend. The last fully

reported market in the Texas Panhandle was last week with live sales from 158.00 to

160.00. In Kansas on Wednesday of this week live sales sold at 155.00 and Thursday

dressed sales sold at 243.50. In Nebraska the reported market was on Thursday with

live sales at 156.00 and dresse sales at 244.00. In Colorado the last reported market

was last week with live sales from 160.00 to 160.50. In the Western Cornbelt the last

reported market was on Wednesday with live sales at 154.00 and dressed sales from

240.00 to 243.00 mostly at 240.00.





Negotiated sales:

Confirmed:       2,265            Week ago:   42,714          Year ago:   16,318

Week to Date:   83,157            Week ago:   91,975          Year ago:   27,500



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      153.00-153.00 avg 153.00   156.00-156.00 avg 156.00

65 - 80% Choice            -       avg                -       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     153.00-155.00 avg 154.67   155.00-156.00 avg 155.39



Dressed basis              Steers                     Heifers

Over 80% Choice      242.00-245.00 avg 242.40   242.00-242.00 avg 242.00

65 - 80% Choice      243.00-245.00 avg 243.35   245.00-245.00 avg 245.00

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

0 - 35% Choice             -       avg                -       avg

Total all grades     242.00-245.00 avg 242.67   242.00-245.00 avg 242.71





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:         7,100

Weighted avg weight:               825

Weighted avg net price:         250.49





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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