Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Fri, May 30, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Thursday, 5/29/2014



On Thursday trading was limited to slow on light to moderate demand in all major 

feeding regions. However, not enough sales in any price range to fully establish

a market trend in any region. The last reported market was on Wednesday in the 5 

Area feeding region. In the Southern Plains live sales sold at 143.00. In Nebraska

live sales sold from 143.00-145.00 and dressed sales from 230.00-232.00. In Colorado

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

and dressed sales from 226.00-230.00 with most at 226.00 for two weeks out delivery.





Negotiated sales:

Confirmed:    35,137    Week ago:           67,079    Year ago:            2,124

Wk to Date:  112,990    Week ago to Date:   91,662    Year ago to Date:    4,099



Negotiated, Formula and contract purchases delivered to packers today:

Today:        85,200    Week Ago:           80,900    Year Ago:           86,900

Wk to Date:  260,900    Week Ago to Date:  339,800    Year Ago to Date:  264,500



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

within 7 days)

Today:        81,100    Week Ago:          116,000    Year Ago:           54,200

Wk to Date:  318,600    Week Ago to Date:  354,400    Year Ago to Date:  255,800



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      144.00-147.50 avg 145.20   144.00-145.00 avg 144.63

65 - 80% Choice      143.00-146.00 avg 145.30   143.00-145.00 avg 144.67

35 - 65% Choice      142.00-145.00 avg 143.95   141.00-145.00 avg 142.97

0 - 35% Choice       141.00-141.00 avg 141.00         -       avg

Total all grades     141.00-147.50 avg 145.04   141.00-145.00 avg 144.30



Dressed basis              Steers                     Heifers

Over 80% Choice      230.00-232.00 avg 231.76   228.00-232.00 avg 231.46

65 - 80% Choice      230.00-234.00 avg 231.02   230.00-232.00 avg 231.53

35 - 65% Choice      232.00-232.00 avg 232.00   230.00-233.00 avg 231.52

0 - 35% Choice             -       avg                -       avg

Total all grades     230.00-234.00 avg 231.26   228.00-233.00 avg 231.51



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        37,600

Weighted avg weight:               824

Weighted avg net price:         234.09



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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