Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, June 18, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 6/17/2014



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

sales for a market trend. Last week in the Texas Panhandle live sales sold at 147.00.

In Kansas live sales sold at 148.00. In the Northern Plains and the Western Cornbelt 

live sales sold at 150.00. Dressed sales in Nebraska sold from 236.00-238.00. Dressed 

sales in the Western Cornbelt dressed sales sold from 235.00-238.00.



Negotiated sales:

Confirmed:       842    Week ago:              546    Year ago:            4,737

Wk to Date:    2,258    Week ago to Date:      867    Year ago to Date:    6,112



Negotiated, Formula and contract purchases delivered to packers today:

Today:        85,400    Week Ago:           89,000    Year Ago:           91,100

Wk to Date:   85,400    Week Ago to Date:   89,000    Year Ago to Date:   91,100



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

within 7 days)

Today:       111,300    Week Ago:           73,300    Year Ago:          100,500

Wk to Date:  111,300    Week Ago to Date:   73,300    Year Ago to Date:  100,500



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:        41,700

Weighted avg weight:               816

Weighted avg net price:         234.17



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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