Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Mon, August 11, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Friday, 8/8/2014



In the Texas Panhandle on Friday trading of available negotiated cash live cattle 

sold 1.00 to 2.00 lower from 158.00 to 160.00 when compared to Thursday. Most of 

these sales are for further out than 2 weeks delivery. In Kansas trading was limited

on light demand. Compared to Thursday the last reported market a few live sales sold 

steady at 160.00. On Friday in Nebraska trading was moderate with light to moderate

demand. Compared to Thursday the last reported market live sales sold steady to .50

lower from 158.00 to 160.50, most at 158.00 are for furhter out than 2 week delivery.

Dressed when compared to last week sold 5.00 to 6.00 lower from 250.00 to 252.00. In 

Colorado trading and demand were moderate. Compared to last week live sales sold 3.50 

to 4.00 lower from 160.00 to 160.50. On Friday in the Western Cornbelt trading and 

demand were moderate. Compared to last week live sales sold 3.00 to 4.00 lower from 

157.00 to 160.00. Dressed sales when compared to last week sold 5.00 to 6.00 lower 

from 248.00 to 250.00.







Negotiated sales:

Confirmed:    56,228    Week ago:           69,563    Year ago:          113,310

Wk to Date:  105,489    Week ago to Date:   83,100    Year ago to Date:  120,971



Negotiated, Formula and contract purchases delivered to packers today:

Today:        81,800    Week Ago:           86,400    Year Ago:           96,300

Wk to Date:  403,500    Week Ago to Date:  404,500    Year Ago to Date:  426,600



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

within 7 days)

Today:       139,400    Week Ago:          149,400    Year Ago:          192,300

Wk to Date:  429,500    Week Ago to Date:  404,200    Year Ago to Date:  488,000



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      157.00-160.50 avg 158.76   157.00-160.50 avg 159.16

65 - 80% Choice      157.00-160.50 avg 159.21   157.00-160.50 avg 159.45

35 - 65% Choice      158.00-160.50 avg 159.40   158.00-160.50 avg 159.11

0 - 35% Choice             -       avg                -       avg

Total all grades     157.00-160.50 avg 159.12   157.00-160.50 avg 159.28



Dressed basis              Steers                     Heifers

Over 80% Choice      246.00-255.50 avg 250.49   248.00-252.00 avg 250.33

65 - 80% Choice      246.00-252.00 avg 249.77   248.00-253.00 avg 250.13

35 - 65% Choice      250.00-251.00 avg 250.07   251.00-251.00 avg 251.00

0 - 35% Choice             -       avg                -       avg

Total all grades     246.00-255.50 avg 250.00   248.00-253.00 avg 250.21



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        25,100

Weighted avg weight:               847

Weighted avg net price:         256.85



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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