Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Mon, October 13, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Friday, 10/10/2014



Friday trading and demand were moderate in the Northern Plains and Western Cornbelt.

In Nebraska, when compared to last week, live sales sold 3.00 to 5.00 higher at 

165.00. Dressed sales sold 6.00 higher at 258.00. In Colorado live sales sold 2.00 

higher at 165.00 when compated to last week. In the Western Cornbelt on Friday when

compared to Thursday the last reported market live sales sold steady to 1.00 higher

from 163.00 to 164.00. Dressed sales sold steady with Thursday at 258.00. For Friday

in the Southern Plains trading was mostly inactive with very light demand. In Kansas

dressed sales sold at 163.50. However, the last fully reported market in the Texas 

Panhandle and Kansas was on Thursday with live sales at 164.00.



Negotiated sales:

Confirmed:    67,445    Week ago:           99,139    Year ago:               NA

Wk to Date:  132,126    Week ago to Date:  106,022    Year ago to Date:       NA



Negotiated, Formula and contract purchases delivered to packers today:

Today:        76,200    Week Ago:           85,500    Year Ago:               NA

Wk to Date:  392,800    Week Ago to Date:  410,300    Year Ago to Date:       NA



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

within 7 days)

Today:       135,600    Week Ago:          170,400    Year Ago:               NA

Wk to Date:  486,400    Week Ago to Date:  457,800    Year Ago to Date:       NA



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      161.00-165.00 avg 163.59   161.00-165.00 avg 164.25

65 - 80% Choice      160.00-165.00 avg 164.26   162.00-165.00 avg 164.78

35 - 65% Choice      164.00-165.00 avg 164.90   164.00-165.00 avg 164.89

0 - 35% Choice             -       avg                -       avg

Total all grades     160.00-165.00 avg 164.11   161.00-165.00 avg 164.57



Dressed basis              Steers                     Heifers

Over 80% Choice      255.00-260.00 avg 257.90   255.00-260.00 avg 257.60

65 - 80% Choice      255.00-259.00 avg 257.39   257.00-263.50 avg 260.34

35 - 65% Choice      257.00-263.50 avg 258.31   258.00-263.50 avg 260.77

0 - 35% Choice             -       avg                -       avg

Total all grades     255.00-263.50 avg 257.77   255.00-263.50 avg 259.28



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        22,800

Weighted avg weight:               887

Weighted avg net price:         252.59





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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