Markets

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Thu, November 20, 2014    USDA Market News Service



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



So far for Thursday negotiated cash trading has been inactive on very light demand 

in the Southern and Northern Plains. In the Western Cornbelt trading has been limited

on light demand. A few live sales have sold at 169.00.  Not enough sales for a market 

trend. The last reported markets were last week with live sales selling from 168.00-

170.00 in the Texas Panhandle on a light test. In Kansas and Nebraska live sales sold 

from 170.00-172.00 along with dressed sales in Nebraska selling from 264.00-267.00 

mostly at 265.00. In Colorado a light test of live sales sold from 171.00-172.00. In 

the Western Cornbelt live sales sold from 168.00-170.00 mostly at 170.00 and dressed 

sales sold from 264.00-267.00 mostly from 264.00-265.00.





Negotiated sales:

Confirmed:       1,194            Week ago:      182          Year ago:    7,384

Week to Date:    5,095            Week ago:    3,039          Year ago:   10,576



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          169.00-169.00 avg 169.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg          169.00-169.00 avg 169.00



Dressed basis              Steers                     Heifers

Over 80% Choice      265.00-265.00 avg 265.00         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     265.00-265.00 avg 265.00         -       avg





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        14,100

Weighted avg weight:               888

Weighted avg net price:         265.78





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











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