Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Thu, July 31, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Wednesday, 7/30/14



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

regions. The last established market reported in the Texas Panhandle was last week 

with a few live sales mostly at 162.00. 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:     1,172    Week ago:           33,636    Year ago:            1,251

Wk to Date:    3,439    Week ago to Date:   36,707    Year ago to Date:    2,802



Negotiated, Formula and contract purchases delivered to packers today:

Today:        81,400    Week Ago:           78,500    Year Ago:           80,500

Wk to Date:  242,300    Week Ago to Date:  240,000    Year Ago to Date:  253,100



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

within 7 days)

Today:        55,300    Week Ago:           89,700    Year Ago:           78,800

Wk to Date:  215,300    Week Ago to Date:  239,800    Year Ago to Date:  234,400



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      165.00-165.00 avg 165.00         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     165.00-165.00 avg 165.00         -       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:        25,300

Weighted avg weight:               861

Weighted avg net price:         256.49



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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