Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, June 04, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 6/3/2014



Tuesday trading was inactive on very light demand in all feeding regions. Not enough

sales for a market trend. Last week live sales sold at 143.00 in the Southern Plains. 

In the Northern Plains live sales sold at 145.00. Dressed sales in Nebraska sold from

230.00-232.00. In Iowa/Minnesota live sales sold at 145.00 and dressed sales sold at 

230.00.



Negotiated sales:

Confirmed:       354    Week ago:            5,690    Year ago:            1,081

Wk to Date:      993    Week ago to Date:    5,690    Year ago to Date:    2,320



Negotiated, Formula and contract purchases delivered to packers today:

Today:        85,600    Week Ago:           91,500    Year Ago:           80,700

Wk to Date:  180,700    Week Ago to Date:   91,500    Year Ago to Date:  173,800



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

within 7 days)

Today:        82,000    Week Ago:           92,800    Year Ago:           66,400

Wk to Date:  147,000    Week Ago to Date:   92,800    Year Ago to Date:  180,000



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            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg                -       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:        42,100

Weighted avg weight:               810

Weighted avg net price:         231.73



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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