Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Fri, August 29, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Thursday, 8/28/14



On Thursday negotiated cash trade was mostly inactive on light to moderate demand in 

the Southern Plains. Last week in the Texas Panhandle live sale sold at 152.00. In 

Kansas for the previous week, live sales sold from 152.00-153.00. On Thursday, 

negotiated cash trade was limited on light to moderate demand in the Northern Plains 

and Western Cornbelt. In the Northern Plains, few early live sales at 155.00 however, 

not enough sales for an adequate market test. Last week in Nebraska live sales sold 

from 152.00-155.50 with dressed sales mostly at 242.00. In Colorado last week, live 

sales sold at 155.00. In the Western Cornbelt last week, live sales sold at 153.00 

with dressed sales at 242.00.





Negotiated sales:

Confirmed:     6,626    Week ago:           25,481    Year ago:           10,646

Wk to Date:    9,349    Week ago to Date:   81,635    Year ago to Date:   13,781



Negotiated, Formula and contract purchases delivered to packers today:

Today:        81,900    Week Ago:           81,600    Year Ago:           81,000

Wk to Date:  337,500    Week Ago to Date:  325,700    Year Ago to Date:  327,100



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

within 7 days)

Today:        49,000    Week Ago:           68,100    Year Ago:           57,900

Wk to Date:  260,300    Week Ago to Date:  330,100    Year Ago to Date:  307,500



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      153.00-155.50 avg 154.74   155.00-155.00 avg 155.00

65 - 80% Choice      152.75-155.00 avg 154.92   154.00-155.00 avg 154.80

35 - 65% Choice            -       avg          155.00-155.00 avg 155.00

0 - 35% Choice             -       avg                -       avg

Total all grades     152.75-155.50 avg 154.86   154.00-155.00 avg 154.97



Dressed basis              Steers                     Heifers

Over 80% Choice      242.00-243.00 avg 242.83   240.00-240.00 avg 240.00

65 - 80% Choice      243.00-243.00 avg 243.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     242.00-243.00 avg 242.94   240.00-240.00 avg 240.00



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        35,900

Weighted avg weight:               863

Weighted avg net price:         241.80



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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