Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Thu, September 25, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Wednesday, 9/24/14



On Wednesday negotiate 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:     1,339    Week ago:              524    Year ago:            2,371

Wk to Date:    2,690    Week ago to Date:    2,116    Year ago to Date:    5,137



Negotiated, Formula and contract purchases delivered to packers today:

Today:        78,800    Week Ago:           78,700    Year Ago:           78,800

Wk to Date:  243,500    Week Ago to Date:  243,400    Year Ago to Date:  257,400



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

within 7 days)

Today:        56,100    Week Ago:           49,200    Year Ago:           77,100

Wk to Date:  253,500    Week Ago to Date:  245,400    Year Ago to Date:  256,600



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      154.00-154.00 avg 154.00         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     154.00-154.00 avg 154.00         -       avg



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice            -       avg          242.00-242.00 avg 242.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg          242.00-242.00 avg 242.00



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        23,400

Weighted avg weight:               861

Weighted avg net price:         252.17





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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