Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, July 09, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesay, 7/8/2014



On Tuesday negotiated cash beef type cattle trading was at a standstill in the

Southern Plains, Colorado and Iowa-Minnesota. In Nebraska trading was very limited

on very light demand. Not enough sales for a market trend. Last week in the Southern

Plains live sales sold at 158.00. In Nebraska live sales sold mostly at 159.00 and 

dressed sales at 250.00. In Colorado live sales sold from 158.00-159.00. In Iowa- 

Minnesota live sales sold from 154.00-159.00 and dressed sales sold from 248.00-

250.00.



Negotiated sales:

Confirmed:     2,089    Week ago:              888    Year ago:            1,948

Wk to Date:    2,427    Week ago to Date:    2,467    Year ago to Date:    2,647



Negotiated, Formula and contract purchases delivered to packers today:

Today:        82,500    Week Ago:           83,400    Year Ago:           87,400

Wk to Date:  166,200    Week Ago to Date:  171,100    Year Ago to Date:  179,100



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

within 7 days)

Today:        66,500    Week Ago:           67,100    Year Ago:           41,500

Wk to Date:  133,700    Week Ago to Date:  131,600    Year Ago to Date:  133,900



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      154.00-158.50 avg 157.76   158.50-158.50 avg 158.50

65 - 80% Choice      158.50-158.50 avg 158.50         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     154.00-158.50 avg 158.07   158.50-158.50 avg 158.50



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:        33,000

Weighted avg weight:               838

Weighted avg net price:         247.42



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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