Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Fri, October 31, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Thursday, 10/30/2014



On Thursday negotiated cash trading was at a standstill in the Southern Plains and

Colorado. In Nebraska and 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:     3,452    Week ago:           48,731    Year ago:           15,500

Wk to Date:   11,320    Week ago to Date:   52,444    Year ago to Date:   35,337



Negotiated, Formula and contract purchases delivered to packers today:

Today:        69,800    Week Ago:           68,900    Year Ago:           84,000

Wk to Date:  303,200    Week Ago to Date:  315,700    Year Ago to Date:  335,700



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

within 7 days)

Today:        52,000    Week Ago:           94,400    Year Ago:           53,500

Wk to Date:  253,700    Week Ago to Date:  296,500    Year Ago to Date:  305,800



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      167.50-167.50 avg 167.50         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     167.50-167.50 avg 167.50         -       avg



Dressed basis              Steers                     Heifers

Over 80% Choice      263.00-263.00 avg 263.00   263.00-265.00 avg 263.79

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     263.00-263.00 avg 263.00   263.00-265.00 avg 263.79



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        27,300

Weighted avg weight:               895

Weighted avg net price:         265.28





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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