Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Thu, September 11, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Wednesday, 9/10/14



On Wednesday negotiated cash trade inactive on light demand in the Southern and 

Northern Plains with very limited trade on light demand in the Western Cornbelt. Not 

enough sales in any region for an adequate market test. The latest established market 

in all areas was last Friday with sales in the Texas Panhandle at 161.00-163.00. In 

Kansas live sales were at 163.00 and dressed sales at 256.50. In Nebraska last week, 

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

Colorado live sales traded at 164.00. In the Western Cornbelt, live sales traded from 

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



Negotiated sales:

Confirmed:     1,326    Week ago:            6,699    Year ago:              447

Wk to Date:    3,368    Week ago to Date:    7,385    Year ago to Date:    4,070



Negotiated, Formula and contract purchases delivered to packers today:

Today:       81,600    Week Ago:           82,600    Year Ago:           76,900

Wk to Date: 249,600    Week Ago to Date:  170,500    Year Ago to Date:  251,300



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

within 7 days)

Today:       43,200    Week Ago:           74,100    Year Ago:           64,900

Wk to Date: 226,600    Week Ago to Date:  203,700    Year Ago to Date:  235,100



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      160.00-160.00 avg 160.00         -       avg

65 - 80% Choice      160.00-160.00 avg 160.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     160.00-160.00 avg 160.00         -       avg



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg          248.00-250.00 avg 248.20

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg          248.00-250.00 avg 248.20



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        29,100

Weighted avg weight:               867

Weighted avg net price:         250.22





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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