Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Thu, September 11, 2014    USDA Market News Service



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



Trading is inactive Thursday in the Texas Panhandle, Kansas and Colorado

on light demand. The latest fully established market was last Friday with

live sales in the Texas Panhandle at 161.00-163.00. Live sales in Kansas last

week were at 163.00, and live sales in Colorado traded at 164.00. Trading has

been limited in Nebraska and Iowa-Minnesota so far Thursday on light demand.

Few dressed sales in Nebraska have ranged from 248.00-251.00 but not enough

for an adequate market test. Last week, live sales in Nebraska ranged from

160.00-164.00, with dressed sales at 250.00-252.00. Few live sales in Iowa-

Minnesota today have traded at 158.00-160.00, with few dressed sales at 248.00-

252.00 but not enough for a full market test. Last week, live sales traded at

158.00-160.00, with dressed sales at mostly 250.00, few 252.00.



Negotiated sales:

Confirmed:       6,627            Week ago:   17,890          Year ago:    1,149

Week to Date:    9,995            Week ago:   25,275          Year ago:    5,219



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   160.00-160.00 avg 160.00

65 - 80% Choice      158.00-160.00 avg 158.08         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     158.00-160.00 avg 158.21   160.00-160.00 avg 160.00



Dressed basis              Steers                     Heifers

Over 80% Choice      248.00-252.00 avg 250.03   248.00-252.00 avg 248.96

65 - 80% Choice      248.00-250.00 avg 248.52   248.00-250.00 avg 248.83

35 - 65% Choice      248.00-248.00 avg 248.00         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     248.00-252.00 avg 249.84   248.00-252.00 avg 248.91





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        12,900

Weighted avg weight:               875

Weighted avg net price:         253.67





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











.

No comments

Add new comment

(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.

Welcome

to our redesigned homepage!

Scroll Down for more stories