Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Fri, September 19, 2014    USDA Market News Service



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

Trading was mostly inactive in all regions early Friday on light demand. A

limited number of cattle in Iowa-Minnesota and Nebraska have traded at 244.00-

246.00 dressed, but not enough for an adequate market test. Trading has now 

turned light to moderate mid-afternoon in Kansas on moderate demand with live

sales at $159.00, which is 2.00 to 3.00 lower than last week. The latest fully

established market was last Friday with live sales in the Southern Plains at

161.00-162.00. Live sales in Nebraska and Colorado were at 163.00, with dressed

sales in Nebraska at248.00-250.00. Live sales in Iowa-Minnesota last week were

158.00-160.00, with dressed sales at 248.00-250.00.



Negotiated sales:

Confirmed:       5,621            Week ago:   29,628          Year ago:   10,123

Week to Date:   11,586            Week ago:   46,059          Year ago:   16,364



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      155.50-155.50 avg 155.50   155.50-155.50 avg 155.50

65 - 80% Choice      152.00-152.00 avg 152.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     152.00-155.50 avg 154.88   155.50-155.50 avg 155.50



Dressed basis              Steers                     Heifers

Over 80% Choice      244.00-246.00 avg 244.59   245.00-246.00 avg 245.42

65 - 80% Choice      244.00-244.00 avg 244.00   244.00-244.50 avg 244.06

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

0 - 35% Choice             -       avg                -       avg

Total all grades     244.00-246.00 avg 244.22   244.00-246.00 avg 244.95





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        11,600

Weighted avg weight:               865

Weighted avg net price:         251.30





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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