Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, October 15, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 10/14/2014



On Tuesday in the Southern and Northern Plains negotiated cash trading was mostly 

inactive on very light demand. In the Western Cornblelt trading was limited with

light demand. Not enough sales to fully establish 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:     5,035    Week ago:              957    Year ago:               NA

Wk to Date:    6,506    Week ago to Date:    1,792    Year ago to Date:       NA



Negotiated, Formula and contract purchases delivered to packers today:

Today:        83,600    Week Ago:           85,400    Year Ago:               NA

Wk to Date:  169,600    Week Ago to Date:  166,200    Year Ago to Date:       NA



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

within 7 days)

Today:        60,100    Week Ago:           70,400    Year Ago:               NA

Wk to Date:  151,700    Week Ago to Date:  180,300    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      162.00-165.00 avg 162.96   163.00-164.00 avg 163.37

65 - 80% Choice      162.00-163.00 avg 162.62   163.00-163.50 avg 163.12

35 - 65% Choice            -       avg          162.00-162.00 avg 162.00

0 - 35% Choice             -       avg                -       avg

Total all grades     162.00-165.00 avg 162.78   162.00-164.00 avg 163.15



Dressed basis              Steers                     Heifers

Over 80% Choice      258.00-258.00 avg 258.00   258.00-258.00 avg 258.00

65 - 80% Choice      258.00-258.00 avg 258.00   257.00-258.00 avg 257.63

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     258.00-258.00 avg 258.00   257.00-258.00 avg 257.76



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        35,200

Weighted avg weight:               865

Weighted avg net price:         255.18





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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