Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Wed, October 29, 2014    USDA Market News Service



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



Thus far for Wednesday negotiated cash trading has been inactive on very light demand

in all feeding regions. Not enough sales for a market trend. Last week live sale 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 Cornbelt.





Negotiated sales:

Confirmed:         433            Week ago:    1,007          Year ago:    5,616

Week to Date:    4,039            Week ago:    3,506          Year ago:    8,842



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      165.00-165.00 avg 165.00         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     165.00-165.00 avg 165.00         -       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:         9,300

Weighted avg weight:               888

Weighted avg net price:         264.21





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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