Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Fri, June 20, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Thursday, 6/19/2014



On Thursday trading in the Southern Plains was moderate with good demand. Compared 

to last week in the Texas Panhandle live sales sold 3.00 higher at 150.00. In Kansas 

compared to last week live sales sold 2.00 higher at 150.00. For Thursday in Nebraska

trading was slow on moderate demand. Live sales, when compared to the last reported 

market on Wednesday, sold 2.00 higher at 150.00. Dressed sales sold 4.00 higher 

mostly at 238.00, compared to Wednesday. In Colorado trading and demand were 

moderate. Compared to last week live sales sold steady at 150.00. On Thursday in the 

Western Cornbelt trading was limited on moderate demand. Compared to Wednesday's last 

reported market, live sales sold 2.00 higher at 150.00. A few dressed sales sold from 

233.00 to 240.00. However, not enough for a full market trend. Last week dressed 

sales sold from 235.00 to 238.00.



Negotiated sales:

Confirmed:    56,324    Week ago:           78,081    Year ago:           26,717

Wk to Date:   87,756    Week ago to Date:   80,392    Year ago to Date:   35,669



Negotiated, Formula and contract purchases delivered to packers today:

Today:        84,800    Week Ago:           82,900    Year Ago:           84,900

Wk to Date:  333,800    Week Ago to Date:  335,600    Year Ago to Date:  337,200



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

within 7 days)

Today:       100,000    Week Ago:          130,400    Year Ago:           89,100

Wk to Date:  375,400    Week Ago to Date:  329,000    Year Ago to Date:  341,200



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      148.00-151.00 avg 149.81   150.00-150.00 avg 150.00

65 - 80% Choice      148.00-150.00 avg 149.74   148.00-150.00 avg 149.86

35 - 65% Choice      147.00-150.00 avg 149.77   147.00-150.00 avg 149.78

0 - 35% Choice             -       avg                -       avg

Total all grades     147.00-151.00 avg 149.77   147.00-150.00 avg 149.84



Dressed basis              Steers                     Heifers

Over 80% Choice      234.00-240.00 avg 237.82   233.00-240.00 avg 237.45

65 - 80% Choice      235.00-240.00 avg 237.81   234.00-238.00 avg 237.41

35 - 65% Choice      236.00-238.00 avg 237.62   238.00-238.00 avg 238.00

0 - 35% Choice             -       avg                -       avg

Total all grades     234.00-240.00 avg 237.79   233.00-240.00 avg 237.48



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        35,700

Weighted avg weight:               825

Weighted avg net price:         235.19



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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