Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Mon, October 20, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Friday, 10/17/2014



Friday trading was inactive on very light demand in the Southern and Northern Plains.

In the Western Cornbelt trading was limited on light demand. Not enough sales for a 

market trend. The last reported market in the Southern Plains, Nebraska and Western 

Cornbelt was on Wednesday. Live sales sold at 164.00 in the Southern Plains. In 

Nebraska live sales sold mostly at 164.00 with a few at 165.00. Dressed sales sold

at 258.00. In the Western Cornbelt live sales sold from 163.00-164.00 with a few 

up to 165.00. Dressed sales at 258.00. In Colorado the last reported market was

for the prior week with live sales at 165.00.



Negotiated sales:

Confirmed:     3,824    Week ago:           67,565    Year ago:            2,623

Wk to Date:  100,078    Week ago to Date:  132,246    Year ago to Date:  129,320



Negotiated, Formula and contract purchases delivered to packers today:

Today:        82,400    Week Ago:           76,200    Year Ago:           91,500

Wk to Date:  398,500    Week Ago to Date:  392,800    Year Ago to Date:  246,900



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

within 7 days)

Today:        80,400    Week Ago:          135,900    Year Ago:           97,300

Wk to Date:  399,800    Week Ago to Date:  486,700    Year Ago to Date:  363,700



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      163.50-165.00 avg 164.17   162.00-162.00 avg 162.00

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice      164.50-164.50 avg 164.50         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     163.50-165.00 avg 164.25   162.00-162.00 avg 162.00



Dressed basis              Steers                     Heifers

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

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice      257.00-257.00 avg 257.00         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     257.00-258.00 avg 257.52   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:        23,200

Weighted avg weight:               881

Weighted avg net price:         258.72





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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