Markets

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Wed, October 14, 2015    USDA Market News Service



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



So far for Wednesday negotiated cash trading of beef type cattle has been mostly 

inactive on very light demand in all major feeding regions. Not enough sales for 

a market trend. Last week in the Southern and Northern Plains live sales sold at 

127.00. In Nebraska dressed sales sold at 197.00. In the Western Cornbelt live

sales sold at 125.00 and dressed sales sold from 195.00-197.00.





Negotiated sales:

Confirmed:         752            Week ago:      972          Year ago:   44,041

Week to Date:    2,170            Week ago:    2,912          Year ago:   50,547



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      126.00-126.00 avg 126.00         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     126.00-126.00 avg 126.00         -       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:         7,700

Weighted avg weight:               957

Weighted avg net price:          196.02



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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