Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Fri, September 12, 2014    USDA Market News Service



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



   Trading is limited Friday in the Texas Panhandle and moderate in Kansas

on light to moderate demand. Compared to last week, live sales are 1.00 to 2.00

lower at 161.00-162.00. Trading is light in Nebraska with few live sales

trading at 160.00-162.00 but not enough to establish a market. Early dressed

sales in Nebraska are trading 2.00 lower than last week at 248.00-250.00.

Trading remains inactive in Colorado. Last week, live sales there traded at

164.00. Trading is light in Iowa with a few live sales trading steady with last

week at 158.00-160.00, and early dressed sales 2.00 lower at 248.00-250.00.



Negotiated sales:

Confirmed:      29,628            Week ago:   22,567          Year ago:   19,436

Week to Date:   46,059            Week ago:   61,081          Year ago:   55,362



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      158.00-160.00 avg 159.12   158.00-161.00 avg 159.41

65 - 80% Choice      158.00-162.00 avg 160.28   159.00-162.00 avg 160.75

35 - 65% Choice      158.00-162.00 avg 161.51   160.00-162.00 avg 161.59

0 - 35% Choice             -       avg                -       avg

Total all grades     158.00-162.00 avg 161.05   158.00-162.00 avg 160.92



Dressed basis              Steers                     Heifers

Over 80% Choice      248.00-250.00 avg 248.66   248.00-250.00 avg 249.80

65 - 80% Choice      248.00-250.00 avg 248.65   248.00-250.00 avg 249.01

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

0 - 35% Choice             -       avg                -       avg

Total all grades     248.00-250.00 avg 248.64   248.00-250.00 avg 249.50





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        10,300

Weighted avg weight:               866

Weighted avg net price:         252.63





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