Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, May 28, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 5/27/2014



On Tuesday negotiated cash trading in the Southern Plains was at a standstill. Last

week live sales sold from  143.00-144.00. In Nebraska on Tuesday trading was limited

on very light demand. A few early live sales sold at 143.00. Not enough to establish

a market trend. Last week live sales sold from 144.00-146.50 and dressed sales from 

230.00-234.00. Tuesday in Colorado and the Western Cornbelt trading was inactive on 

very light demand. Not enough sales for a market trend. Last week in Colorado live

sales sold from 144.00-145.00. In the Western Cornbelt live sales mostly at 145.00 

and dressed sales sold from 230.00-234.00.





Negotiated sales:

Confirmed:     5,690    Week ago:            1,048    Year ago:            1,211

Wk to Date:    5,690    Week ago to Date:    1,420    Year ago to Date:    1,211



Negotiated, Formula and contract purchases delivered to packers today:

Today:        91,500    Week Ago:           86,700    Year Ago:           90,900

Wk to Date:   91,500    Week Ago to Date:  175,200    Year Ago to Date:   90,900



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

within 7 days)

Today:        92,900    Week Ago:           65,100    Year Ago:           97,500

Wk to Date:   92,900    Week Ago to Date:  154,100    Year Ago to Date:   97,500



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          144.50-144.50 avg 144.50

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice      143.00-143.00 avg 143.00   143.00-143.00 avg 143.00

0 - 35% Choice             -       avg                -       avg

Total all grades     143.00-143.00 avg 143.00   143.00-144.50 avg 143.21



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice      232.00-232.00 avg 232.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     232.00-232.00 avg 232.00         -       avg



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        45,200

Weighted avg weight:               817

Weighted avg net price:         233.13



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)-676-7000 e-mail:  stjoe.lpgmn@ams.usda.gov

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



1100c  staff











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