Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Thu, June 12, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Wednesday, 6/11/2014



On Wednesday trading was limited on very light demand in all feeding regions. Not 

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

145.00. In Nebraska live sales sold from 145.00-147.00 and dressed sales sold mostly

at 232.00. In Colorado live sales sold at 147.00 for the previous week. In the 

Western Cornbelt last week live sales sold from 145.00-147.00 and dressed sales from

231.00-232.00.





Negotiated sales:

Confirmed:     1,444    Week ago:            2,039    Year ago:            1,822

Wk to Date:    2,311    Week ago to Date:    3,015    Year ago to Date:    5,108



Negotiated, Formula and contract purchases delivered to packers today:

Today:        78,800    Week Ago:           80,000    Year Ago:           89,100

Wk to Date:  252,700    Week Ago to Date:  260,700    Year Ago to Date:  259,800



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

within 7 days)

Today:        59,600    Week Ago:           52,600    Year Ago:           77,200

Wk to Date:  198,600    Week Ago to Date:  199,600    Year Ago to Date:  233,800



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      148.00-148.00 avg 148.00   145.00-148.00 avg 147.39

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     148.00-148.00 avg 148.00   145.00-148.00 avg 147.39



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:        31,000

Weighted avg weight:               832

Weighted avg net price:         231.61



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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