Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Tue, September 30, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Monday, 9/29/2014



On Monday negotiated cash trading was at a standstill in the 5 Area feeding region.

Last week in Nebraska live sales sold from 157.00-159.00 and dressed sales sold 

from 245.00-245.00. In Colorado live sales sold at 159.00. The last reported market

in the Southern Plains and the Western Cornbelt were 2 weeks ago. In the Southern 

Plains live sales sold at 159.00. In the Western Cornbelt live sales sold from 

154.00-155.00 and dressed sales sold from 244.00-246.00.



Negotiated sales:

Confirmed:        94    Week ago:              252    Year ago:              265

Wk to Date:       94    Week ago to Date:      252    Year ago to Date:      265



Negotiated, Formula and contract purchases delivered to packers today:

Today:        88,600    Week Ago:           71,700    Year Ago:           96,600

Wk to Date:  403,200    Week Ago to Date:  393,300    Year Ago to Date:  431,800



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

within 7 days)

Today:        99,400    Week Ago:           93,100    Year Ago:          193,100

Wk to Date:  393,100    Week Ago to Date:  364,500    Year Ago to Date:  481,900



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            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg                -       avg



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        39,800

Weighted avg weight:               845

Weighted avg net price:         251.01





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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