Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Tue, October 21, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Monday, 10/20/2014



On Monday negotiated cash trading of beef type cattle was at a standstill in the 

Southern and Northern Plains. In the Western Cornbelt trading was inactive on very

light demand. Not enough sales for a market trend. Last week live sales sold at 

164.00 in the Southern Plains and Nebraska. Dressed sales in Nebraska sold at 258.00.

In Colorado live sales sold from 164.50-165.00 on a very light test. For the previous

week in the Western Cornbelt live sales sold from 163.00-164.00 and dressed sales 

sold at 258.00.



Negotiated sales:

Confirmed:     1,202    Week ago:            1,471    Year ago:              506

Wk to Date:    1,202    Week ago to Date:    1,471    Year ago to Date:      506



Negotiated, Formula and contract purchases delivered to packers today:

Today:        81,800    Week Ago:           86,000    Year Ago:           90,600

Wk to Date:   81,800    Week Ago to Date:   86,000    Year Ago to Date:   90,600



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

within 7 days)

Today:        99,500    Week Ago:           91,700    Year Ago:           64,600

Wk to Date:   99,500    Week Ago to Date:   91,700    Year Ago to Date:   64,600



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      164.00-164.00 avg 164.00         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     164.00-164.00 avg 164.00         -       avg



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice      258.00-258.00 avg 258.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     258.00-258.00 avg 258.00         -       avg



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        43,100

Weighted avg weight:               869

Weighted avg net price:         259.60





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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