Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Wed, September 10, 2014    USDA Market News Service



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

  Trading has been 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 sales in the Texas Panhandle at 161.00-163.00. In

Kansas live sales were at 163.00 and dressed sales at 256.50. In Nebraska last

week, live sales ranged from 160.00-164.00, and dressed sales from 250.00-252.00.

In Colorado live sales traded at 164.00. In the Western Cornbelt, live sales

traded from 158.00-160.00, and dressed sales were mostly 250.00, with a few up to

252.00.



Negotiated sales:

Confirmed:         973            Week ago:      312          Year ago:      118

Week to Date:    3,015            Week ago:      998          Year ago:    3,741



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      160.00-160.00 avg 160.00         -       avg

65 - 80% Choice      160.00-160.00 avg 160.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     160.00-160.00 avg 160.00         -       avg



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg          248.00-250.00 avg 248.43

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg          248.00-250.00 avg 248.43





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        10,300

Weighted avg weight:               865

Weighted avg net price:         248.24





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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