Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Tue, August 19, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Monday, 8/18/2014



On Monday in the Southern and Northern Plains negotiated cash trading was at a 

standstill. In the Western Cornbelt negotiated cash trading was inactive on very

light demand. Not enough sales for a market trend. Last week in the Texas Panhandle

live sales sold at 155.00 on a very light test. In Kansas live sales sold at 155.00.

For the prior week in Nebraska live sales sold mostly from 154.00-156.00 and dressed 

sales sold mostly from 244.00-245.00. In Colorado live sales sold at 157.00 on a very

light test. For the previous weekin the Western Cornbelt live sales sold from 154.00-

155.00 and dressed sales sold mostly at 240.00.



Negotiated sales:

Confirmed:       286    Week ago:            1,678    Year ago:              911

Wk to Date:      286    Week ago to Date:    1,678    Year ago to Date:      911



Negotiated, Formula and contract purchases delivered to packers today:

Today:        83,200    Week Ago:           81,800    Year Ago:           99,900

Wk to Date:  402,700    Week Ago to Date:  403,500    Year Ago to Date:  423,700



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

within 7 days)

Today:        91,400    Week Ago:          139,400    Year Ago:          170,900

Wk to Date:  404,900    Week Ago to Date:  429,500    Year Ago to Date:  487,700



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:        41,200

Weighted avg weight:               850

Weighted avg net price:         253.53



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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