Advice and Tips

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Fri, November 07, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Thursday, 11/6/14



On Thursday negotiated cash trade was inactive on light demand in the Southern 

Plains. Last week on a light test in the Southern Plains, live sales sold at 168.00. 

Trade was limited on light demand in the Northern Plains with a few early live sales 

at 168.00, however not enough sales for and adequate market test. Last week on a 

light test, live sales sold at 168.00 with dressed sales in Nebraska from 262.00-

265.00. In the Western Cornbelt trade was light on light to moderate demand. Few 

early live sales sold from 165.00-167.00, however not enough sales for and adequate 

market test. Last week on a light test, live sales sold from 166.50-167.00 with 

dressed sales from 263.00-265.00.





Negotiated sales:

Confirmed:     9,082    Week ago:            3,452    Year ago:           23,123

Wk to Date:   11,354    Week ago to Date:   11,320    Year ago to Date:   26,008



Negotiated, Formula and contract purchases delivered to packers today:

Today:        89,100    Week Ago:           70,100    Year Ago:           79,300

Wk to Date:  324,700    Week Ago to Date:  303,500    Year Ago to Date:  326,600



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

within 7 days)

Today:        66,700    Week Ago:           52,000    Year Ago:           64,200

Wk to Date:  273,100    Week Ago to Date:  253,600    Year Ago to Date:  284,400



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      167.00-167.00 avg 167.00   166.00-167.00 avg 166.67

65 - 80% Choice      166.00-168.00 avg 167.13   166.00-168.00 avg 167.21

35 - 65% Choice      165.00-168.00 avg 165.70   168.00-168.00 avg 168.00

0 - 35% Choice             -       avg                -       avg

Total all grades     165.00-168.00 avg 166.94   166.00-168.00 avg 167.03



Dressed basis              Steers                     Heifers

Over 80% Choice      260.00-260.00 avg 260.00   261.00-261.00 avg 261.00

65 - 80% Choice      260.00-263.00 avg 260.94         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     260.00-263.00 avg 260.75   261.00-261.00 avg 261.00



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        23,300

Weighted avg weight:               891

Weighted avg net price:         266.16





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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