Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Fri, June 06, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Thursday, 6/5/14



On Thursday trade was mostly inactive in the Southern Plains and Colorado. Last week 

live sales sold at 143.00 in the Southern Plains and 145.00 in Colorado. On Thursday 

in Nebraska, trade and demand was light to moderate. Live sales with more than two 

week delivery sold mostly steady compared to last week at 145.00. Not enough dressed 

sales for an adequate market test. Last week dressed sales sold from 230.00-232.00. 

On Thursday in the Western Cornbelt trade was light on light to moderate demand. Last 

week live sales sold mostly at 145.00 and dressed sales mostly at 230.00.



Negotiated sales:

Confirmed:    14,586    Week ago:           35,437    Year ago:            1,747

Wk to Date:   17,618    Week ago to Date:  113,321    Year ago to Date:    5,763



Negotiated, Formula and contract purchases delivered to packers today:

Today:        80,500    Week Ago:           85,000    Year Ago:           85,100

Wk to Date:  341,200    Week Ago to Date:  260,700    Year Ago to Date:  346,400



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

within 7 days)

Today:        31,300    Week Ago:           81,100    Year Ago:           70,000

Wk to Date:  230,800    Week Ago to Date:  318,600    Year Ago to Date:  313,100



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      144.25-149.00 avg 145.65   146.00-146.00 avg 146.00

65 - 80% Choice      145.00-146.00 avg 145.03         -       avg

35 - 65% Choice      145.00-145.00 avg 145.00         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     144.25-149.00 avg 145.22   146.00-146.00 avg 146.00



Dressed basis              Steers                     Heifers

Over 80% Choice      232.00-232.00 avg 232.00         -       avg

65 - 80% Choice      232.00-233.00 avg 232.22         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     232.00-233.00 avg 232.13         -       avg



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        23,600

Weighted avg weight:               817

Weighted avg net price:         228.44



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











.

No comments

Add new comment

(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.

Welcome

to our redesigned homepage!

Scroll Down for more stories