Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Fri, October 31, 2014    USDA Market News Service



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



So far for Friday trading in Kansas has been slow to moderate with light to moderate

demand. Compared to last week live sales sold 2.00 lower at 168.00. Thus far for 

Friday trading in the Texas Panhandle, Northern Plains and Iowa/Minnesota has been

limited on light demand. Not enough sales in these feeding regions for a market 

trend. Last week live sale sold at 170.00 in the Texas Panhandle, Norhtern Plains and

Iowa/Minnesota. For the prior week dressed sales sold at 265.00 in Nebraska and from 

264.00-265.00 in the Western Cornbelt.





Negotiated sales:

Confirmed:      14,394            Week ago:   26,026          Year ago:   20,050

Week to Date:   25,714            Week ago:   78,470          Year ago:   55,387



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      167.00-170.00 avg 169.10   165.00-168.00 avg 166.69

65 - 80% Choice      166.00-168.00 avg 167.06   166.00-168.00 avg 167.10

35 - 65% Choice      166.00-168.00 avg 167.45   167.00-168.00 avg 167.66

0 - 35% Choice             -       avg                -       avg

Total all grades     166.00-170.00 avg 167.53   165.00-168.00 avg 167.31



Dressed basis              Steers                     Heifers

Over 80% Choice      263.50-265.00 avg 264.57   262.00-265.00 avg 264.20

65 - 80% Choice      263.50-265.00 avg 264.48   265.00-265.00 avg 265.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     263.50-265.00 avg 264.54   262.00-265.00 avg 264.72





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        11,300

Weighted avg weight:               860

Weighted avg net price:         263.89





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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