Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, July 16, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 7/15/14



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

regions. 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:       997    Week ago:            2,089    Year ago:            1,054

Wk to Date:    1,933    Week ago to Date:    2,427    Year ago to Date:    1,955



Negotiated, Formula and contract purchases delivered to packers today:

Today:        85,200    Week Ago:           82,700    Year Ago:           83,700

Wk to Date:  158,900    Week Ago to Date:  166,400    Year Ago to Date:  171,100



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

within 7 days)

Today:        70,500    Week Ago:           66,800    Year Ago:           67,000

Wk to Date:  164,300    Week Ago to Date:  133,900    Year Ago to Date:  163,000



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      153.00-154.00 avg 153.37   154.00-154.00 avg 154.00

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     153.00-154.00 avg 153.37   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:        31,900

Weighted avg weight:               859

Weighted avg net price:         251.05



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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