Advice and Tips

Slaughter Cattle Review - Morning


St. Joseph, MO    Tue, August 05, 2014    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 8/4/2014

On Monday negotiated cash trading was inactive on very light demand in all major

feeding regions. Not enough sales for a market trend. Last week in the Texas 

Panhandle live sales sold at 162.00 with a light test. In Kansas live sales sold

at 163.00. For the prior week in Nebraska live sales sold from 162.00-164.00 and 

dressed sales from 255.00-258.00. In Colorado live sales sold at 164.00. For the

previous week in the Western Cornbelt live sales sold from 161.00-163.00 and 

dressed sales from 254.00-255.00.

Negotiated sales:

Confirmed:       645    Week ago:            1,211    Year ago:              942

Wk to Date:      645    Week ago to Date:    1,211    Year ago to Date:      942

Negotiated, Formula and contract purchases delivered to packers today:

Today:        81,800    Week Ago:           84,000    Year Ago:           83,200

Wk to Date:   81,800    Week Ago to Date:   84,000    Year Ago to Date:   83,200

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

within 7 days)

Today:       103,800    Week Ago:           77,900    Year Ago:           98,800

Wk to Date:  103,800    Week Ago to Date:   77,900    Year Ago to Date:   98,800

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      162.00-162.00 avg 162.00   162.00-163.00 avg 162.36

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     162.00-162.00 avg 162.00   162.00-163.00 avg 162.36

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:        46,000

Weighted avg weight:               844

Weighted avg net price:         259.02

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:

1100c  staff


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