Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Tue, July 01, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Monday, 6/30/2014



On Monday negotiated cash trading was at a standstill in the Southern and Northern 

Plains feeding regions. In the Western Cornbelt trading was limited on very light 

demand. A few live sales sold at 154.00. However, not enough to fully establish a

market trend. The last fully reported market in all major feeding regions was last 

week. In the Texas Panhandle live sales sold at 154.00. In Kansas live sales sold 

from 154.00-155.00. In Nebraska live sales sold from 154.00-156.00 and dressed sales

sold at 245.00. In Colorado live sales sold at 156.00. In the Western Cornbelt live 

sales sold from 152.00-154.00 and dressed sales sold from 242.00-245.00.



Negotiated sales:

Confirmed:     1,541    Week ago:              127    Year ago:              537

Wk to Date:    1,541    Week ago to Date:      127    Year ago to Date:      537



Negotiated, Formula and contract purchases delivered to packers today:

Today:        87,700    Week Ago:           84,300    Year Ago:           88,900

Wk to Date:   87,700    Week Ago to Date:   84,300    Year Ago to Date:   88,900



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

within 7 days)

Today:        64,500    Week Ago:           70,700    Year Ago:           80,700

Wk to Date:   64,500    Week Ago to Date:   70,700    Year Ago to Date:   80,700



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      154.00-154.00 avg 154.00   154.00-154.00 avg 154.00

65 - 80% Choice      154.00-154.00 avg 154.00   154.00-154.00 avg 154.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     154.00-154.00 avg 154.00   154.00-154.00 avg 154.00



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:        62,800

Weighted avg weight:               820

Weighted avg net price:         239.09



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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