Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, August 06, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 8/5/2014



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

feeding regions. Not enough sales for a market trend. In the Texas Panhandle for 

last week 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:     1,143    Week ago:            1,056    Year ago:            2,112

Wk to Date:    1,788    Week ago to Date:    2,267    Year ago to Date:    3,054



Negotiated, Formula and contract purchases delivered to packers today:

Today:        81,200    Week Ago:           76,900    Year Ago:           84,100

Wk to Date:  163,000    Week Ago to Date:  160,900    Year Ago to Date:  167,300



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

within 7 days)

Today:        64,700    Week Ago:           82,200    Year Ago:           78,600

Wk to Date:  168,500    Week Ago to Date:  160,100    Year Ago to Date:  177,400



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            -       avg                -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg                -       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:        32,000

Weighted avg weight:               862

Weighted avg net price:         259.54



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:  stjoe.lpgmn@ams.usda.gov

         www.ams.usda.gov/mnreports/lm_ct130.txt



1100c  staff











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