Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Wed, April 02, 2014    USDA Market News Service

Morning National Slaughter Cattle Review for Tuesday, 4/1/14

On Tuesday negotiated cash trade was mostly inactive on light demand in all feeding 
regions. The latest established market was last week with live sales at 150.00 in the 
Texas Panhandle. In Kansas last week, live sales sold from 150.00-152.00. In Nebraska 
for the previous week, live sales sold from 152.00-154.00 with dressed sales from 
244.00-245.00. Last week in Colorado, live sales sold at 154.00. In the Western 
Cornbelt last week, live sales sold mostly at 152.00 with dressed sales mostly from 
242.00-244.00.


Negotiated sales:
Confirmed:       504    Week ago:           60,959    Year ago:            1,753
Wk to Date:    1,010    Week ago to Date:   61,305    Year ago to Date:    2,296

Negotiated, Formula and contract purchases delivered to packers today:
Today:        85,800    Week Ago:           82,700    Year Ago:           82,600
Wk to Date:  169,400    Week Ago to Date:  160,400    Year Ago to Date:  170,600

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        50,700    Week Ago:          132,200    Year Ago:           62,300
Wk to Date:  124,300    Week Ago to Date:  206,800    Year Ago to Date:  154,000

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            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg                -       avg

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg                -       avg

Formula purchases: prices established on previous reporting day for 
slaughtered cattle.

Beef Type:                   Domestic:
Head count priced today:        34,600
Weighted avg weight:               831
Weighted avg net price:         239.44

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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