Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, May 14, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 5/13/14



On Tuesday negotiated cash trade was limited on light demand in Kansas and the 

Western Cornbelt. Trade was inactive on light demand in the Texas Panhandle, Nebraska 

and Colorado. The latest established market in all regions was Friday with live sales 

in the Texas Panhandle and Kansas at mostly 146.00, and a few in Kansas up to 148.00. 

Nebraska live sales were mostly 149.00, with dressed sales at mostly 236.00-237.00. 

Colorado live sales were 149.00. In Iowa-Minnesota live sales ranged from 148.00-

150.00, with dressed sales from 234.00-238.00.





Negotiated sales:

Confirmed:     2,918    Week ago:            2,626    Year ago:            2,054

Wk to Date:    4,740    Week ago to Date:    4,726    Year ago to Date:    3,179



Negotiated, Formula and contract purchases delivered to packers today:

Today:        85,600    Week Ago:           89,900    Year Ago:           85,600

Wk to Date:  170,700    Week Ago to Date:  173,100    Year Ago to Date:  175,300



Negotiated, Formula and contract commitments today: (generally for slaughter

within 7 days)

Today:        58,700    Week Ago:           62,900    Year Ago:           64,000

Wk to Date:  154,500    Week Ago to Date:  147,200    Year Ago to Date:  154,200



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      146.50-147.00 avg 146.79         -       avg

35 - 65% Choice      145.00-145.00 avg 145.00         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     145.00-147.00 avg 146.06         -       avg



Dressed basis              Steers                     Heifers

Over 80% Choice      234.00-234.00 avg 234.00         -       avg

65 - 80% Choice      234.00-234.00 avg 234.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     234.00-234.00 avg 234.00         -       avg



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        41,400

Weighted avg weight:               811

Weighted avg net price:         236.36



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)-238-0678 or (816)-676-7000 e-mail:  stjoe.lgmn@ams.usda.gov

         www.ams.usda.gov/mnreports/lm_ct130.txt



1100c  staff











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