Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Thu, September 04, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Wednesday, 9/3/2014



On Wednesday trading in the Southern and Northern Plains was at a standstill. In the

Western Cornbelt trading was limited on light demand. The Western Cornbelt saw a few

live sales at 160.00 and a few dressed sales from 248.00-250.00. However, not enough

sales for a full market trend. Last week live sales sold at 155.00 in the Southern 

Plains. In the Northern Plains live sales sold from 155.00-158.00 and dressed sales 

sold at 245.00 in Nebraska. In the Western Cornbelt for the prior week live sales 

sold mostly at 155.00 and dressed sales at 245.00.



Negotiated sales:

Confirmed:     6,699    Week ago:            1,565    Year ago:            2,010

Wk to Date:    7,385    Week ago to Date:    2,723    Year ago to Date:    2,692



Negotiated, Formula and contract purchases delivered to packers today:

Today:        82,600    Week Ago:           80,400    Year Ago:           89,300

Wk to Date:  170,500    Week Ago to Date:  255,600    Year Ago to Date:  177,300



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

within 7 days)

Today:        74,100    Week Ago:           46,200    Year Ago:           78,900

Wk to Date:  200,700    Week Ago to Date:  211,300    Year Ago to Date:  190,300



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      157.00-160.00 avg 159.77   156.00-158.00 avg 157.06

65 - 80% Choice      154.00-154.00 avg 154.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     154.00-160.00 avg 159.65   156.00-158.00 avg 157.06



Dressed basis              Steers                     Heifers

Over 80% Choice      248.00-248.00 avg 248.00   248.00-248.00 avg 248.00

65 - 80% Choice      248.00-249.00 avg 248.71   250.00-250.00 avg 250.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     248.00-249.00 avg 248.37   248.00-250.00 avg 249.56



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        37,400

Weighted avg weight:               852

Weighted avg net price:         243.39



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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