Markets

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Mon, December 29, 2014    USDA Market News Service



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



Thus far for Monday negotiated cash trading was mostly at a standstill. Last week

in the Southern Plains live sales sold mostly at 162.00 with a few in Kansas up to

162.50. In Nebraska live sales sold from 160.00-164.00 and dressed sales sold at 

258.00. In Colorado live sales sold mostly at 163.00 with a few up to 164.00. In the

Western Cornbelt live sales sold from 162.00-162.00 and dressed sales ranged from

253.00-258.00.



Negotiated sales:

Confirmed:         213            Week ago:      153          Year ago:    1,747

Week to Date:      213            Week ago:      153          Year ago:    1,747



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 thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        22,900

Weighted avg weight:               857

Weighted avg net price:         249.01





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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