Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, June 25, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 6/24/14



On Tuesday negotiated cash trade was mostly inactive in all feeding regions.  The 

latest established market in all feeding regions was last week with live sales at 

150.00 in the Southern Plains and Colorado. 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:       797    Week ago:              842    Year ago:            1,412

Wk to Date:      924    Week ago to Date:    2,258    Year ago to Date:    2,267



Negotiated, Formula and contract purchases delivered to packers today:

Today:        88,500    Week Ago:           81,400    Year Ago:           86,000

Wk to Date:  172,800    Week Ago to Date:  166,800    Year Ago to Date:  163,300



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

within 7 days)

Today:        64,800    Week Ago:           71,800    Year Ago:           71,900

Wk to Date:  135,500    Week Ago to Date:  183,000    Year Ago to Date:  144,600



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:        40,000

Weighted avg weight:               827

Weighted avg net price:         236.22



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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