Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Thu, October 23, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Wednesday, 10/22/14

  Trading was mostly inactive in all feeding regions on light demand Wednesday.

Not enough sales in any area for an adequate market test. Last week in the

Texas Panhandle, Kansas, and Nebraska, live sales traded at 164.00. Dressed

sales in Nebraska were mostly 258.00. In Colorado live sales were at 164.50-

165.00 on a light test. In the Western Cornbelt live sales traded at 163.00-

164.00 and dressed sales at 258.00.



Negotiated sales:

Confirmed:     1,168    Week ago:           76,680    Year ago:          107,135

Wk to Date:    3,582    Week ago to Date:   83,186    Year ago to Date:  108,101



Negotiated, Formula and contract purchases delivered to packers today:

Today:        79,700    Week Ago:           78,300    Year Ago:           81,700

Wk to Date:  246,800    Week Ago to Date:  247,900    Year Ago to Date:  256,200



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

within 7 days)

Today:        44,300    Week Ago:          118,500    Year Ago:          166,300

Wk to Date:  201,900    Week Ago to Date:  270,200    Year Ago to Date:  309,200



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          165.00-165.00 avg 165.00

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg          165.00-165.00 avg 165.00



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice      258.00-260.00 avg 259.74         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     258.00-260.00 avg 259.74         -       avg



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        21,600

Weighted avg weight:               874

Weighted avg net price:         259.56





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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