Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, July 30, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 7/29/14



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

regions. Not enough sales in any feeding region for an adequate market trend. The 

last established market reported in the Texas Panhandle was last week with a few live 

sales mostly at162.00. In Kansas last week, live sales sold from 162.00-165.00. In 

Nebraska for the previous week, the bulk of the live sales sold at 165.00 with the 

bulk of dressed sales from 255.00-257.00. Last week in Colorado, live sales sold from 

165.00-166.00. In the Western Cornbelt for the previous week, live sales sold mostly 

from 160.00-162.00 with dressed sales mostly from 254.00-255.00.





Negotiated sales:

Confirmed:     1,056    Week ago:            2,646    Year ago:            1,286

Wk to Date:    2,267    Week ago to Date:    3,071    Year ago to Date:    1,551



Negotiated, Formula and contract purchases delivered to packers today:

Today:        83,000    Week Ago:           81,500    Year Ago:           85,100

Wk to Date:   83,000    Week Ago to Date:   81,500    Year Ago to Date:   85,100



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

within 7 days)

Today:        77,200    Week Ago:          100,500    Year Ago:           77,000

Wk to Date:   77,200    Week Ago to Date:  100,500    Year Ago to Date:   77,000



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            -       avg                -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice      162.00-162.00 avg 162.00   165.00-165.00 avg 165.00

0 - 35% Choice             -       avg                -       avg

Total all grades     162.00-162.00 avg 162.00   165.00-165.00 avg 165.00



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:        30,400

Weighted avg weight:               849

Weighted avg net price:         250.64



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











.

No comments

Add new comment

(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.

Welcome

to our redesigned homepage!

Scroll Down for more stories