Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Thu, October 30, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Wednesday, 10/29/2014



Wednesday saw negotiated cash trading at a standstill in the Southern and Northern

Plains. In Iowa/Minnesota negotiated cash trading was limited on light demand. Not

enough sales for a market trend. Last week live sale 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:     4,262    Week ago:            1,214    Year ago:           16,611

Wk to Date:    7,868    Week ago to Date:    3,713    Year ago to Date:   19,837



Negotiated, Formula and contract purchases delivered to packers today:

Today:        68,000    Week Ago:           79,700    Year Ago:           76,400

Wk to Date:  233,400    Week Ago to Date:  246,800    Year Ago to Date:  251,800



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

within 7 days)

Today:        41,200    Week Ago:           44,400    Year Ago:           84,700

Wk to Date:  201,700    Week Ago to Date:  202,000    Year Ago to Date:  252,300



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      165.00-170.00 avg 168.42   170.00-170.00 avg 170.00

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     165.00-170.00 avg 168.42   170.00-170.00 avg 170.00



Dressed basis              Steers                     Heifers

Over 80% Choice      264.00-264.00 avg 264.00         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     264.00-264.00 avg 264.00         -       avg



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        24,200

Weighted avg weight:               888

Weighted avg net price:         265.83





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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