Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Tue, June 24, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Monday, 6/23/14



On Monday negotiated cash trade was inactive on light demand in the Southern and 

Northern Plains. In the Western Cornbelt trade was mostly inactive on light demand.  

The latest established market in the Southern Plains and Colorado was last week with 

live sales at 150.00. Last week in Nebraska and the Western Cornbelt, live sales sold 

from 148.00-150.00. In Nebraska dressed sales sold at 238.00 with sales from 235.00-

238.00 in the Western Cornbelt.





Negotiated sales:

Confirmed:       641    Week ago:            1,416    Year ago:              855

Wk to Date:      641    Week ago to Date:    1,416    Year ago to Date:      855



Negotiated, Formula and contract purchases delivered to packers today:

Today:        84,300    Week Ago:           85,400    Year Ago:           77,300

Wk to Date:   84,300    Week Ago to Date:   85,400    Year Ago to Date:   77,300



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

within 7 days)

Today:        70,600    Week Ago:          111,300    Year Ago:           72,700

Wk to Date:   70,600    Week Ago to Date:  111,300    Year Ago to Date:   72,700



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      150.00-150.00 avg 150.00         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     150.00-150.00 avg 150.00         -       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:        62,400

Weighted avg weight:               821

Weighted avg net price:         237.07



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











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