Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Fri, September 19, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Thursday, 9/18/14



Trading was mostly inactive in all regions Thursday on light demand. A

limited number of cattle in Iowa-Minnesota traded at 153.50-154.00 live, and

244.00-246.00 dressed, but not enough for an adequate market test. The latest

established market in all regions was last Friday with live sales in the Texas

Panhandle and Kansas at 161.00-162.00. Live sales in Nebraska were at 163.00,

with dressed sales at 248.00-250.00. Live sales in Colorado were at 163.00. Live

sales in Iowa-Minnesota were at 158.00-160.00 and dressed sales at 248.00-250.00.





Negotiated sales:

Confirmed:     3,849    Week ago:           13,063    Year ago:            2,896

Wk to Date:    5,965    Week ago to Date:   16,431    Year ago to Date:    6,241



Negotiated, Formula and contract purchases delivered to packers today:

Today:        78,700    Week Ago:           81,600    Year Ago:           82,000

Wk to Date:  243,400    Week Ago to Date:  249,600    Year Ago to Date:  247,200



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

within 7 days)

Today:        49,200    Week Ago:           43,400    Year Ago:           47,500

Wk to Date:  245,400    Week Ago to Date:  226,800    Year Ago to Date:  219,200



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      153.50-154.00 avg 153.75   153.75-153.75 avg 153.75

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     153.50-154.00 avg 153.75   153.75-153.75 avg 153.75



Dressed basis              Steers                     Heifers

Over 80% Choice      245.00-246.00 avg 245.34   246.00-246.00 avg 246.00

65 - 80% Choice      245.00-245.00 avg 245.00   244.00-244.00 avg 244.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     245.00-246.00 avg 245.13   244.00-246.00 avg 245.07



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        38,200

Weighted avg weight:               877

Weighted avg net price:         252.08





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











.

No comments

Add new comment

(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.

Welcome

to our redesigned homepage!

Scroll Down for more stories