Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Tue, July 15, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Monday, 7/14/14



On Monday negotiated cash trade was mostly inactive on light demand in the Southern 

and Northern Plains as well as the Western Cornbelt. The latest established market 

was last week with live sale in the Texas Panhandle from 155.00-156.00. In Kansas 

live sales sold at 156.00. In Nebraska live sales sold from 155.00-157.00 and dressed 

sales sold mostly from 246.00-249.00. In Colorado live sales sold at 156.50. In the 

Western Cornbelt live sales sold from 154.00-157.00 and dressed sales from 245.00-

249.00.



Negotiated sales:

Confirmed:       936    Week ago:              338    Year ago:              901

Wk to Date:      936    Week ago to Date:      338    Year ago to Date:      901



Negotiated, Formula and contract purchases delivered to packers today:

Today:        73,700    Week Ago:           83,700    Year Ago:           87,400

Wk to Date:   73,700    Week Ago to Date:   83,700    Year Ago to Date:   87,400



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

within 7 days)

Today:        93,800    Week Ago:           67,200    Year Ago:           96,100

Wk to Date:   93,800    Week Ago to Date:   67,200    Year Ago to Date:   96,100



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          155.00-155.00 avg 155.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg          155.00-155.00 avg 155.00



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:        48,200

Weighted avg weight:               834

Weighted avg net price:         251.48



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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