Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Tue, September 09, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Monday, 9/8/2014



On Monday trading in all major feeding regions was mostly at a standstill. Last week

in the Texas Panhandle live sales sold from 161.00-163.00. In Kansas live sales sold

at 163.00 and dressed sales sold at 256.50. For the prior week in Nebraska live sales

ranged from 160.00-164.00 and dressed sales from 250.00-252.00. In Colorado live 

sales sold at 164.00. For the previous week in the Western Cornbelt live sales sold 

from 158.00-160.00 and dressed sales sold at mostly 250.00 with a few up to 252.00.



Negotiated sales:

Confirmed:       601    Week ago:              none   Year ago:              651

Wk to Date:      601    Week ago to Date:      none   Year ago to Date:      651



Negotiated, Formula and contract purchases delivered to packers today:

Today:        87,800    Week Ago:                0    Year Ago:           89,300

Wk to Date:   87,800    Week Ago to Date:        0    Year Ago to Date:   89,300



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

within 7 days)

Today:        99,600    Week Ago:                0    Year Ago:          102,600

Wk to Date:   99,600    Week Ago to Date:        0    Year Ago to Date:  102,600



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      250.00-250.00 avg 250.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     250.00-250.00 avg 250.00         -       avg



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        52,800

Weighted avg weight:               852

Weighted avg net price:         245.89



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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