Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Fri, June 27, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Thursday, 6/26/14



On Thursday negotiated cash trade was mostly inactive on light to moderate demand in 

the Southern Plains and Nebraska. Trade was light on light to moderate demand in 

Colorado and the Western Cornbelt. Not enough sales in any feeding region for and 

adequate market trend. 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:     5,113    Week ago:           56,464    Year ago:            3,773

Wk to Date:    7,915    Week ago to Date:   88,116    Year ago to Date:    6,890



Negotiated, Formula and contract purchases delivered to packers today:

Today:        80,100    Week Ago:           84,800    Year Ago:           86,400

Wk to Date:  339,400    Week Ago to Date:  333,800    Year Ago to Date:  337,200



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

within 7 days)

Today:        41,200    Week Ago:          100,200    Year Ago:           76,600

Wk to Date:  238,700    Week Ago to Date:  375,600    Year Ago to Date:  277,600



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      150.00-152.50 avg 151.53   150.00-152.00 avg 151.42

65 - 80% Choice      152.00-152.00 avg 152.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     150.00-152.50 avg 151.75   150.00-152.00 avg 151.42



Dressed basis              Steers                     Heifers

Over 80% Choice      243.00-243.00 avg 243.00   236.00-236.00 avg 236.00

65 - 80% Choice      242.00-243.00 avg 242.15         -       avg

35 - 65% Choice            -       avg          231.00-231.00 avg 231.00

0 - 35% Choice             -       avg                -       avg

Total all grades     242.00-243.00 avg 242.56   231.00-236.00 avg 231.21



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:         9,700

Weighted avg weight:               827

Weighted avg net price:         237.85



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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