Markets

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Thu, December 11, 2014    USDA Market News Service



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



Thus far for Thursday negotiated cash trading has been inactive with light demand. 

So far for the week a few live sales have sold at 164.00 in the Southern and Northern

Plains. However, not enough sales in any area for an adequate market test. Two weeks 

ago, in the Texas Panhandle live sales traded from 172.00-173.00 on a very light 

test. Last week in Kansas and Colorado live sales sold at 168.00. In Nebraska, live 

sales ranged from 166.00-168.00, with dressed sales at mostly 264.00. In the Western

Cornbelt for the previous week, live sales sold from 166.00-167.00, with dressed 

sales at mostly 263.00.





Negotiated sales:

Confirmed:       2,500            Week ago:    8,324          Year ago:      491

Week to Date:    8,298            Week ago:   17,541          Year ago:    2,844



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      159.00-164.00 avg 162.48   162.00-164.00 avg 163.69

65 - 80% Choice      161.00-164.00 avg 162.34   164.00-164.00 avg 164.00

35 - 65% Choice            -       avg          164.00-164.00 avg 164.00

0 - 35% Choice             -       avg                -       avg

Total all grades     159.00-164.00 avg 162.40   162.00-164.00 avg 163.82



Dressed basis              Steers                     Heifers

Over 80% Choice      256.00-256.00 avg 256.00         -       avg

65 - 80% Choice            -       avg          256.00-256.00 avg 256.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     256.00-256.00 avg 256.00   256.00-256.00 avg 256.00





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:         5,600

Weighted avg weight:               840

Weighted avg net price:         267.42





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











.

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