Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Wed, October 22, 2014    USDA Market News Service



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



  Trading is inactive in all feeding regions on light demand Wednesday. Not

enough sales in any region for an adequate market test. Last week in the Texas

Panhandle, Kansas, and Nebraska, live sales traded at 164.00. Dressed sales in

Nebraska were mostly 258.00. In Colorado live sales were at 164.50-165.00 on a

very light test. In the Western Cornbelt live sales traded at 163.00-164.00 and

dressed sales at 258.00.



Negotiated sales:

Confirmed:       1,007            Week ago:   44,041          Year ago:   28,322

Week to Date:    3,421            Week ago:   50,547          Year ago:   29,288



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          165.00-165.00 avg 165.00

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg          165.00-165.00 avg 165.00



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice      260.00-260.00 avg 260.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     260.00-260.00 avg 260.00         -       avg





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:         6,600

Weighted avg weight:               866

Weighted avg net price:         258.61





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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