Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Thu, June 26, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Wednesday, 6/25/14



On Wednesday negotiated cash trade was mostly inactive on light demand 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:     1,866    Week ago:           29,394    Year ago:              850

Wk to Date:    2,802    Week ago to Date:   31,652    Year ago to Date:    3,117



Negotiated, Formula and contract purchases delivered to packers today:

Today:        86,600    Week Ago:           82,200    Year Ago:           87,500

Wk to Date:  259,300    Week Ago to Date:  249,000    Year Ago to Date:  250,800



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

within 7 days)

Today:        62,000    Week Ago:           92,400    Year Ago:           56,500

Wk to Date:  197,500    Week Ago to Date:  275,400    Year Ago to Date:  201,100



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      236.00-236.00 avg 236.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     236.00-236.00 avg 236.00         -       avg



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        26,600

Weighted avg weight:               832

Weighted avg net price:         238.29



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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