Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, November 05, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 11/4/14



On Tuesday negotiated cash trading was mostly inactive on very light demand in all 

feeding regions. Not enough sales for a market trend. Last week a light test of sales 

was noted in all major feeding regions. Last week in the Southern Plains and Nebraska 

live sales sold at 168.00. Dressed sales sold from 262.00-265.00 in Nebraska. In 

Colorado last week live sales sold from 168.00-169.50. In the Western Cornbelt for 

last week live sales sold from 166.50-167.00 and dressed sales from 263.00-265.00.





Negotiated sales:

Confirmed:     1,130    Week ago:            2,828    Year ago:              953

Wk to Date:    1,715    Week ago to Date:    3,606    Year ago to Date:    1,793



Negotiated, Formula and contract purchases delivered to packers today:

Today:        78,000    Week Ago:           80,600    Year Ago:           79,600

Wk to Date:  163,900    Week Ago to Date:  165,400    Year Ago to Date:  164,800



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

within 7 days)

Today:        53,700    Week Ago:           59,900    Year Ago:           84,600

Wk to Date:  164,700    Week Ago to Date:  160,400    Year Ago to Date:  161,700



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      166.00-166.00 avg 166.00   166.00-166.00 avg 166.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     166.00-166.00 avg 166.00   166.00-166.00 avg 166.00



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg                -       avg

65 - 80% Choice      262.00-262.00 avg 262.00   262.00-262.00 avg 262.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     262.00-262.00 avg 262.00   262.00-262.00 avg 262.00



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        30,800

Weighted avg weight:               880

Weighted avg net price:         266.84





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











.

No comments

Add new comment

(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.
(If you're a human, don't change the following field)
Your first name.

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.

Welcome

to our redesigned homepage!

Scroll Down for more stories