Advice and Tips

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Thu, November 06, 2014    USDA Market News Service



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



So far for Thursday negotiated cash trade has been inactive on light demand in the

Southern Plains and the Western Cornbelt. In the Northern Plains negotiated cash

trading has been limited on light demand. A few live sales sold steady with last

weeks light tested market at 168.00. However, not enough for a full market trend. 

Last week a light test of sales was noted in all major feeding regions. For the

prior week in the Southern Plains and Nebraska live sales sold at 168.00. Dressed 

sales sold from 262.00-265.00 in Nebraska. In Colorado last week live sales sold 

from 168.00-169.50. In the Western Cornbelt for last week live sales sold from 

166.50-167.00 and dressed sales from 263.00-265.00.





Negotiated sales:

Confirmed:       3,345            Week ago:    1,348          Year ago:   10,679

Week to Date:    5,617            Week ago:    9,216          Year ago:   13,564



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                -       avg

65 - 80% Choice      168.00-168.00 avg 168.00   168.00-168.00 avg 168.00

35 - 65% Choice      165.00-168.00 avg 165.70   168.00-168.00 avg 168.00

0 - 35% Choice             -       avg                -       avg

Total all grades     165.00-168.00 avg 167.50   168.00-168.00 avg 168.00



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:        10,700

Weighted avg weight:               885

Weighted avg net price:         266.01





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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