Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Tue, October 28, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Monday, 10/27/2014



On Monday negotiated cash trading was inactive on very light demand. Not enough sales 

for a market trend. Last week live sales sold at 170.00 in all of the 5 Area Feeding 

regions. Last week dressed sales sold at 265.00 in Nebraska and from 264.00-265.00 in

the Western Corbelt.



Negotiated sales:

Confirmed:       778    Week ago:            1,249    Year ago:              712

Wk to Date:      778    Week ago to Date:    1,249    Year ago to Date:      712



Negotiated, Formula and contract purchases delivered to packers today:

Today:        84,700    Week Ago:           82,100    Year Ago:           89,000

Wk to Date:   84,700    Week Ago to Date:   82,100    Year Ago to Date:   89,000



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

within 7 days)

Today:       100,600    Week Ago:           99,500    Year Ago:           93,100

Wk to Date:  100,600    Week Ago to Date:   99,500    Year Ago to Date:   93,100



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:        39,500

Weighted avg weight:               856

Weighted avg net price:         261.25





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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