Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, September 24, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 9/23/14



On Tuesday negotiated cash trade was mostly inactive on light demand in all feeding 

regions. The latest established market was last week with live sales in the Southern 

Plains and Colorado at 159.00 however sales in the Texas Panhandle and Colorado were 

on a very light test. Last week in Nebraska live sales sold from 155.00-159.00 with 

dressed sales mostly at 245.00. In the Western Cornbelt last week, live sales sold 

from 154.00-155.00 with dressed sales from 244.00-246.00. 





Negotiated sales:

Confirmed:     1,099    Week ago:              485    Year ago:            1,513

Wk to Date:    1,351    Week ago to Date:    1,592    Year ago to Date:    2,766



Negotiated, Formula and contract purchases delivered to packers today:

Today:        79,900    Week Ago:           80,400    Year Ago:           83,000

Wk to Date:  164,700    Week Ago to Date:  164,700    Year Ago to Date:  178,500



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

within 7 days)

Today:        79,700    Week Ago:           95,800    Year Ago:           83,900

Wk to Date:  197,300    Week Ago to Date:  196,200    Year Ago to Date:  179,500



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      155.00-155.00 avg 155.00         -       avg

65 - 80% Choice      152.00-152.00 avg 152.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     152.00-155.00 avg 152.72         -       avg



Dressed basis              Steers                     Heifers

Over 80% Choice      242.00-242.00 avg 242.00   244.00-244.00 avg 244.00

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     242.00-242.00 avg 242.00   244.00-244.00 avg 244.00



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        35,000

Weighted avg weight:               872

Weighted avg net price:         254.35





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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