Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, October 22, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 10/21/2014



Tuesday negotiated cash trading of beef type cattle was inactive on very light demand

in all major feeding regions. 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:     1,387    Week ago:            5,035    Year ago:              460

Wk to Date:    2,589    Week ago to Date:    6,506    Year ago to Date:      966



Negotiated, Formula and contract purchases delivered to packers today:

Today:        85,000    Week Ago:           83,600    Year Ago:           83,900

Wk to Date:  167,100    Week Ago to Date:  169,600    Year Ago to Date:  174,500



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

within 7 days)

Today:        58,100    Week Ago:           60,100    Year Ago:           78,200

Wk to Date:  157,600    Week Ago to Date:  151,700    Year Ago to Date:  142,900



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            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg                -       avg



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        36,900

Weighted avg weight:               855

Weighted avg net price:         259.43





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











.

No comments

Add new comment

(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.

Welcome

to our redesigned homepage!

Scroll Down for more stories