Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Thu, May 15, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Wednesday, 5/14/14



On Wednesday negotiated cash trade was mostly inactive on light demand in the 

Southern and Northern Plains. Trade was limited on light to moderate demand in the 

Western Cornbelt. Not enough sales in any region for an adequate test. The latest 

established market in all regions was Friday with live sales in the Texas Panhandle 

and Kansas sold 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:     2,389    Week ago:            3,025    Year ago:            6,653

Wk to Date:    7,129    Week ago to Date:    7,751    Year ago to Date:    9,832



Negotiated, Formula and contract purchases delivered to packers today:

Today:        76,600    Week Ago:           85,900    Year Ago:           84,900

Wk to Date:  247,200    Week Ago to Date:  259,000    Year Ago to Date:  260,200



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

within 7 days)

Today:        71,600    Week Ago:           57,400    Year Ago:           88,000

Wk to Date:  226,100    Week Ago to Date:  204,600    Year Ago to Date:  242,200



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      147.50-147.50 avg 147.50         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     147.50-147.50 avg 147.50         -       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 on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        35,000

Weighted avg weight:               826

Weighted avg net price:         237.13



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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