Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Thu, October 02, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Wednesday, 10/1/2014



On Wednesday negotiated cash beef type 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 245.00-248.00. In Colorado live sales sold at 159.00. The

last reported market in the Southern Plains and the Western Cornbelt was 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:     1,112    Week ago:            1,339    Year ago:               NA

Wk to Date:    1,800    Week ago to Date:    2,690    Year ago to Date:      265



Negotiated, Formula and contract purchases delivered to packers today:

Today:        83,900    Week Ago:           78,700    Year Ago:         #VALUE!

Wk to Date:  251,900    Week Ago to Date:  243,400    Year Ago to Date:   25,000



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

within 7 days)

Today:        46,700    Week Ago:           56,100    Year Ago:         #VALUE!

Wk to Date:  236,000    Week Ago to Date:  253,400    Year Ago to Date:   37,900



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:        24,700

Weighted avg weight:               874

Weighted avg net price:         250.79





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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