Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Thu, October 16, 2014    USDA Market News Service



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



Thus far for Thursday trading in the Texas Panhandle has been at a standstill. In

Kansas, Northern Plains and the Western Cornbelt trading has been limited on light 

demand. Not enough sales to fully establish a market trend. The last reported market

in the Southern Plains, Nebraska and Western Cornbelt was on Wednesday. Live sales 

sold at 164.00 in the Southern Plains. In Nebraska live sales sold mostly at 164.00

with a few at 165.00. Dressed sales sold at 258.00. In the Western Cornbelt live 

sales sold from 163.00-164.00 with a few up to 165.00. Dressed sales at 258.00. In 

Colorado the last reported market was for the prior week with live sales at 165.00.



Negotiated sales:

Confirmed:       8,773            Week ago:      972          Year ago:   71,570

Week to Date:   91,959            Week ago:    3,448          Year ago:   77,681



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      162.00-164.50 avg 163.74   163.00-165.00 avg 164.40

65 - 80% Choice      163.00-165.00 avg 164.00   162.00-165.00 avg 163.30

35 - 65% Choice      164.50-164.50 avg 164.50   164.00-164.50 avg 164.23

0 - 35% Choice             -       avg                -       avg

Total all grades     162.00-165.00 avg 163.91   162.00-165.00 avg 164.04



Dressed basis              Steers                     Heifers

Over 80% Choice      258.00-258.00 avg 258.00         -       avg

65 - 80% Choice      257.00-258.00 avg 257.93   257.00-258.00 avg 257.36

35 - 65% Choice            -       avg          258.00-258.00 avg 258.00

0 - 35% Choice             -       avg                -       avg

Total all grades     257.00-258.00 avg 257.96   257.00-258.00 avg 257.47





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        14,700

Weighted avg weight:               860

Weighted avg net price:         258.05





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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