Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Tue, October 28, 2014    USDA Market News Service



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



Thus far for Tuesday negotiated cash trading was inactive on very light demand in

the Southern and Northern Plains. In the Western Cornbelt negotitated cash trading

was very limited on very light demand. Not enough sales for a market trend. Last 

week live sales sold at 170.00 in all of the 5 Area Feeding regions. Last week 

dressed sales sold at 265.00 in Nebraska and from 264.00-265.00 in the Western 

Corbelt.



Negotiated sales:

Confirmed:       1,719            Week ago:      412          Year ago:      434

Week to Date:    2,497            Week ago:    1,661          Year ago:    1,146



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      166.50-166.50 avg 166.50         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     166.50-166.50 avg 166.50         -       avg



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice            -       avg          264.00-264.00 avg 264.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg          264.00-264.00 avg 264.00





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        13,700

Weighted avg weight:               871

Weighted avg net price:         260.26





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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