Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Tue, October 21, 2014    USDA Market News Service



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



So far for Tuesday negotiated cash trading of beef type cattle has been at a 

standstill in all major feeding regions. In the Western Cornbelt trading was 

inactive on very light demand. Not enough sales for a market trend. Last week

live sales sold at 164.00 in the Southern Plains and Nebraska. Dressed sales 

in Nebraska sold at 258.00. In Colorado live sales sold from 164.50-165.00 on

a very light test. For the previous week in the Western Cornbelt live sales 

sold from 163.00-164.00 and dressed sales sold at 258.00.



Negotiated sales:

Confirmed:         412            Week ago:    1,289          Year ago:       82

Week to Date:    1,614            Week ago:    2,760          Year ago:      588



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            -       avg                -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg                -       avg



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg                -       avg





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        16,600

Weighted avg weight:               860

Weighted avg net price:         259.10





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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