Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, October 29, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 10/28/14



On Tuesday negotiated cash trading was inactive on very light demand in the Southern 

Plains and Nebraska. In Colorado and the Western Cornbelt negotiated cash trade was 

very limited 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 Cornbelt.





Negotiated sales:

Confirmed:     2,828    Week ago:            1,250    Year ago:            2,514

Wk to Date:    3,606    Week ago to Date:    2,499    Year ago to Date:    3,226



Negotiated, Formula and contract purchases delivered to packers today:

Today:        80,600    Week Ago:           85,000    Year Ago:           86,300

Wk to Date:  165,400    Week Ago to Date:  167,100    Year Ago to Date:  175,300



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

within 7 days)

Today:        59,900    Week Ago:           58,100    Year Ago:           74,500

Wk to Date:  160,500    Week Ago to Date:  157,600    Year Ago to Date:  167,600



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      166.50-169.50 avg 167.32   169.50-169.50 avg 169.50

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice      166.50-166.50 avg 166.50         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     166.50-169.50 avg 167.23   169.50-169.50 avg 169.50



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice            -       avg          264.00-264.00 avg 264.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg          264.00-264.00 avg 264.00



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        23,100

Weighted avg weight:               881

Weighted avg net price:         261.87





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)-238-0678 or (816)-676-7000 e-mail:  stjoe.lgmn@ams.usda.gov

         www.ams.usda.gov/mnreports/lm_ct130.txt



1100c  staff











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