Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Thu, June 05, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Wednesday, 6/4/2014



On Wednesday negotiated cash trading was limited 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:     2,039    Week ago:           72,194    Year ago:            1,696

Wk to Date:    3,032    Week ago to Date:   77,884    Year ago to Date:    4,016



Negotiated, Formula and contract purchases delivered to packers today:

Today:        80,000    Week Ago:           84,100    Year Ago:           87,500

Wk to Date:  260,700    Week Ago to Date:  175,700    Year Ago to Date:  261,300



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

within 7 days)

Today:        52,600    Week Ago:          144,600    Year Ago:           63,100

Wk to Date:  199,600    Week Ago to Date:  237,500    Year Ago to Date:  243,100



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      144.00-144.00 avg 144.00   145.00-145.00 avg 145.00

65 - 80% Choice      143.50-143.50 avg 143.50   143.00-143.00 avg 143.00

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

0 - 35% Choice             -       avg                -       avg

Total all grades     143.00-144.00 avg 143.31   143.00-145.00 avg 144.04



Dressed basis              Steers                     Heifers

Over 80% Choice      232.00-232.00 avg 232.00         -       avg

65 - 80% Choice      230.00-230.00 avg 230.00   231.00-231.00 avg 231.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     230.00-232.00 avg 231.73   231.00-231.00 avg 231.00



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        37,400

Weighted avg weight:               834

Weighted avg net price:         231.95



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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