Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Thu, October 30, 2014    USDA Market News Service



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



So far for Thursday negotiated cash trading has been at a standstill in the Southern

and Northern Plains. In Iowa/Minnesota negotiated cash trading was limited on light 

demand. 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:       1,348            Week ago:      563          Year ago:    6,187

Week to Date:    9,216            Week ago:    4,276          Year ago:   26,024



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      167.50-167.50 avg 167.50         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     167.50-167.50 avg 167.50         -       avg



Dressed basis              Steers                     Heifers

Over 80% Choice      263.00-263.00 avg 263.00   263.00-263.00 avg 263.00

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     263.00-263.00 avg 263.00   263.00-263.00 avg 263.00





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        13,400

Weighted avg weight:               912

Weighted avg net price:         263.19





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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