Slaughter Cattle Review - Afternoon

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

LM_CT131
St. Joseph, MO    Wed, June 18, 2014    USDA Market News Service

Afternoon National Slaughter Cattle Review as of 2:00 pm Wednesday

So far for Wednesday trading in the Southern Plains and Colorado has been at a
standstill. Last week in the Texas Panhandle live sales sold at 147.00. In Kansas
live sales sold at 148.00. In Colorado live sales sold at 150.00. Thus far for
Wednesday in Nebraska and Iowa/Minnesota trading has been limited on light demand.
Compared to last week live sales sold 2.00 lower at 148.00 in Nebraska. A few dressed
sales in Nebraska sold at 234.00. However, not enough for a full market trend. Last
week dressed sales sold from 236.00-238.00. In Iowa/Minnesota not enough live or
dressed sales in any one price range for a market trend. Last week live sales sold at 
150.00 and dressed sales sold from 235.00-238.00.

Negotiated sales:
Confirmed:      11,170            Week ago:      108          Year ago:      674
Week to Date:   13,428            Week ago:      975          Year ago:    6,786

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      148.00-148.00 avg 148.00         -       avg
65 - 80% Choice      148.00-148.00 avg 148.00         -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     148.00-148.00 avg 148.00         -       avg

Dressed basis              Steers                     Heifers
Over 80% Choice      234.00-234.00 avg 234.00   233.00-234.00 avg 233.17
65 - 80% Choice      234.00-235.00 avg 234.07         -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     234.00-235.00 avg 234.06   233.00-234.00 avg 233.17


Formula purchases: prices established thus far today for slaughtered 
cattle.

Beef Type:                   Domestic:
Head count priced today:         6,800
Weighted avg weight:               838
Weighted avg net price:         237.77

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_ct131.txt

1530c  staff





.



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


MECHRON 2200

Powerful, strong, fast and comfortable, there’s a reason why the KIOTI Mechron 2200 is called the Ultimate Transport Vehicle™. Featuring ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Leads to Insight