Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Fri, September 05, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Thursday, 9/4/2014



On Thursday in the Southern Plains and Colorado trading was mostly at a standstill. 

In Nebraska and the Western Cornbelt trading was limited on light to moderate demand.

In Nebraska a few live sales sold at 160.00 and a few dressed sales sold at 250.00. 

In the Western Cornbelt a few live sales sold from 158.00-160.00 and a few dressed

sales sold at 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:    31,134    Week ago:            6,626    Year ago:           26,260

Wk to Date:   38,519    Week ago to Date:    9,349    Year ago to Date:   28,952



Negotiated, Formula and contract purchases delivered to packers today:

Today:        81,400    Week Ago:           82,000    Year Ago:           81,200

Wk to Date:  251,900    Week Ago to Date:  337,600    Year Ago to Date:  258,500



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

within 7 days)

Today:        65,900    Week Ago:           49,000    Year Ago:           75,100

Wk to Date:  269,600    Week Ago to Date:  260,300    Year Ago to Date:  265,400



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      157.00-161.00 avg 159.24   157.00-160.00 avg 158.84

65 - 80% Choice      158.00-160.00 avg 158.76         -       avg

35 - 65% Choice      158.00-158.00 avg 158.00         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     157.00-161.00 avg 159.04   157.00-160.00 avg 158.84



Dressed basis              Steers                     Heifers

Over 80% Choice      248.00-252.00 avg 250.07   250.00-252.00 avg 250.10

65 - 80% Choice      248.00-251.00 avg 250.00   248.00-250.00 avg 249.78

35 - 65% Choice      250.00-250.00 avg 250.00         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     248.00-252.00 avg 250.04   248.00-252.00 avg 249.97



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        17,900

Weighted avg weight:               874

Weighted avg net price:         244.49



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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