Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Wed, September 03, 2014    USDA Market News Service



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



   Trading is mostly inactive Wednesday on light demand. Not enough sales in

any region for an adequate market test.  The latest established market in all

areas was last Friday with live sales in the Texas Panhandle and Kansas at

mostly 155.00. Live sales in Nebraska and Colorado traded from 155.00-158.00,

with dressed sales in Nebraska at mostly 245.00. Live sales in Iowa-Minnesota

ranged from 154.00-156.00, mostly 155.00, and dressed sales traded at mostly

245.00.



Negotiated sales:

Confirmed:         312            Week ago:      697          Year ago:      826

Week to Date:      998            Week ago:    1,855          Year ago:    1,508



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      157.00-157.00 avg 157.00   156.00-156.00 avg 156.00

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     157.00-157.00 avg 157.00   156.00-156.00 avg 156.00



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:        21,600

Weighted avg weight:               844

Weighted avg net price:         242.03





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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