Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Tue, October 14, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Monday, 10/13/2014



On Monday negotiated cash trading of beef type cattle was mostly inactive on very 

light demand. Not enough sales for a market trend. Last week in the Southern Plains

live sales sold at 164.00. In the Northern Plains live sales sold at 165.00, with 

Nebraska dressed sales at 258.00. In the Western Cornbelt last week live sales sold

from 163.00-164.00 and dressed sales sold at 258.00.



Negotiated sales:

Confirmed:     1,471    Week ago:              835    Year ago:             NA

Wk to Date:    1,471    Week ago to Date:      835    Year ago to Date:     NA



Negotiated, Formula and contract purchases delivered to packers today:

Today:        86,000    Week Ago:           80,800    Year Ago:             NA

Wk to Date:   86,000    Week Ago to Date:   80,800    Year Ago to Date:     NA



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

within 7 days)

Today:        91,600    Week Ago:          109,900    Year Ago:             NA

Wk to Date:   91,600    Week Ago to Date:  109,900    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            -       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      258.00-258.00 avg 258.00   258.00-258.00 avg 258.00

0 - 35% Choice             -       avg                -       avg

Total all grades     258.00-258.00 avg 258.00   258.00-258.00 avg 258.00



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        41,600

Weighted avg weight:               870

Weighted avg net price:         254.56





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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