Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Fri, August 15, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Thursday, 8/14/14



On Thursday, negotiated cash trade was light on light to moderate demand in Kansas, 

Nebraska and the Western Cornbelt. Thursday in Kansas, few dressed sales sold at 

243.50 with live sales at 155.00 On Wednesday. In Nebraska on Thursday, compared to 

live sales prior in the week, a few live sales sold 1.00-4.00 higher at 156.00. 

However live sales for the week have sold 6.00-8.00 lower compared to last week from 

152.00-156.00. On Thursday few dressed sales sold steady at 244.00 compared to 

Wednesday. On Wednesday in the Western Cornbelt, live sales sold at 154.00 with 

dressed sales from 240.00-243.00 mostly at 240.00. Trade was mostly inactive on light 

to moderate demand in the Texas Panhandle and Colorado on Thursday. Last week in the 

Texas Panhandle live sales sold from 158.00-160.00 and from 160.00-160.50 in 

Colorado.





Negotiated sales:

Confirmed:    13,544    Week ago:           41,948    Year ago:            5,124

Wk to Date:   80,823    Week ago to Date:   49,261    Year ago to Date:   11,182



Negotiated, Formula and contract purchases delivered to packers today:

Today:        74,800    Week Ago:           79,700    Year Ago:           76,900

Wk to Date:  318,700    Week Ago to Date:  321,800    Year Ago to Date:  323,800



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

within 7 days)

Today:        48,900    Week Ago:           70,800    Year Ago:           54,400

Wk to Date:  313,500    Week Ago to Date:  290,100    Year Ago to Date:  316,800



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      152.00-156.00 avg 154.32   151.00-156.00 avg 154.86

65 - 80% Choice      153.00-156.00 avg 155.92   154.00-156.00 avg 155.78

35 - 65% Choice      155.00-156.00 avg 155.87   156.00-156.00 avg 156.00

0 - 35% Choice             -       avg                -       avg

Total all grades     152.00-156.00 avg 155.27   151.00-156.00 avg 155.27



Dressed basis              Steers                     Heifers

Over 80% Choice      244.00-244.00 avg 244.00   242.00-247.00 avg 244.05

65 - 80% Choice      241.00-244.00 avg 242.82   243.50-244.00 avg 243.58

35 - 65% Choice      243.50-244.00 avg 243.89   243.50-243.50 avg 243.50

0 - 35% Choice       243.50-243.50 avg 243.50         -       avg

Total all grades     241.00-244.00 avg 243.47   242.00-247.00 avg 243.73



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        31,100

Weighted avg weight:               873

Weighted avg net price:         253.21



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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