Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Tue, October 14, 2014    USDA Market News Service



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



So far for Tuesday negotiated cash trading has been mostly inactive on very light 

demand. Not enough sales for a market trend. Last week in the Southern Plains

live sales sold at 164.00. In the Northern Plains live sales sold at 165.00, with 

Nebraska dressed sales at 258.00. In the Western Cornbelt last week live sales sold

from 163.00-164.00 and dressed sales sold at 258.00.



Negotiated sales:

Confirmed:       1,289            Week ago:      639          Year ago:      NA

Week to Date:    2,760            Week ago:    1,474          Year ago:      NA



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      162.00-164.00 avg 162.72   164.00-164.00 avg 164.00

65 - 80% Choice            -       avg          163.00-163.00 avg 163.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     162.00-164.00 avg 162.72   163.00-164.00 avg 163.41



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice            -       avg          258.00-258.00 avg 258.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg          258.00-258.00 avg 258.00





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        22,400

Weighted avg weight:               860

Weighted avg net price:         254.14





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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