Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Mon, June 30, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Friday, 6/27/2014



On Friday in the Texas Panhandle trading was slow on light to moderate demand.

Compared to last week live sales sold 4.00 higher at 154.00. Friday in Kansas,

Northern Plains and Western Cornbelt saw trading moderate on good demand. In

Kansas compared to last week live sales sold 4.00 to 5.00 higher from 154.00 to

155.00. In Nebraska live sales sold 6.00 higher from 154.00 to 156.00. Dressed

sales sold 7.00 higher at 245.00 when compared to the prior week. In Colorado

live sales sold 6.00 higher at 156.00. Compared to the previous week in the

Western Cornbelt live sales sold 4.00 higher from 152.00 to 154.00. Dressed

sales sold 7.00 higher from 242.00 to 245.00.



Negotiated sales:

Confirmed:   103,242    Week ago:           16,956    Year ago:           93,514

Wk to Date:  111,157    Week ago to Date:  105,072    Year ago to Date:  100,404



Negotiated, Formula and contract purchases delivered to packers today:

Today:       109,400    Week Ago:          106,100    Year Ago:          110,100

Wk to Date:  448,800    Week Ago to Date:  439,800    Year Ago to Date:  447,300



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

within 7 days)

Today:       203,300    Week Ago:           95,100    Year Ago:          212,000

Wk to Date:  442,000    Week Ago to Date:  470,700    Year Ago to Date:  489,700



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      150.00-156.00 avg 153.99   152.00-156.00 avg 154.15

65 - 80% Choice      151.50-156.00 avg 154.52   152.00-156.00 avg 154.78

35 - 65% Choice      152.50-156.00 avg 154.66   153.00-156.00 avg 154.19

0 - 35% Choice             -       avg                -       avg

Total all grades     150.00-156.00 avg 154.40   152.00-156.00 avg 154.43



Dressed basis              Steers                     Heifers

Over 80% Choice      240.00-245.00 avg 244.23   242.00-245.00 avg 244.52

65 - 80% Choice      240.00-245.00 avg 244.05   242.00-245.00 avg 244.36

35 - 65% Choice      243.00-245.00 avg 244.82   242.50-245.00 avg 242.91

0 - 35% Choice             -       avg                -       avg

Total all grades     240.00-245.00 avg 244.19   242.00-245.00 avg 244.35



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        30,800

Weighted avg weight:               831

Weighted avg net price:         237.43



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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