Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, July 02, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 7/1/14



On Tuesday negotiated cash trade was mostly inactive on light demand in all feeding 

regions. The latest established market in all feeding regions was last week. Live 

sales sold at 154.00 in the Texas Panhandle. In Kansas live sales sold from 154.00-

155.00. In Nebraska live sales sold from 154.00-156.00 with dressed sales at 245.00. 

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

152.00-154.00 with dressed sales from 242.00-245.00. 





Negotiated sales:

Confirmed:       888    Week ago:              809    Year ago:            1,369

Wk to Date:    2,467    Week ago to Date:      936    Year ago to Date:    1,906



Negotiated, Formula and contract purchases delivered to packers today:

Today:        83,400    Week Ago:           88,500    Year Ago:           89,200

Wk to Date:  171,100    Week Ago to Date:  172,800    Year Ago to Date:  178,100



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

within 7 days)

Today:        67,100    Week Ago:           64,800    Year Ago:           58,400

Wk to Date:  131,600    Week Ago to Date:  135,500    Year Ago to Date:  139,100



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            -       avg                -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg                -       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:        35,900

Weighted avg weight:               842

Weighted avg net price:         239.98



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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