USDA Market Reports

Slaughter Cattle Review - Afternoon

LM_CT131

St. Joseph, MO    Wed, January 07, 2015    USDA Market News Service



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



  Trading has been limited Wednesday in all regions on light to moderate

demand. In the Texas Panhandle and Kansas, few live sales today have traded

mostly steady to firm with Tuesday’s trade at mostly 170.00. In Nebraska a

limited number of cattle have traded unevenly steady with Tuesday, with live

sales at mostly 171.00, and dressed sales at 270.00, few 275.00. Trading is

inactive Wednesday in Colorado but on Tuesday a limited number sold at 170.00.

In Iowa-Minnesota a few live sales have traded mostly steady compared to Tuesday

with the bulk of the sales at 170.00, and dressed sales mostly steady to firm at

mostly 270.00, few 272.00.



Negotiated sales:

Confirmed:       9,205            Week ago:   16,449          Year ago:      357

Week to Date:   77,629            Week ago:   17,680          Year ago:    1,371



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     169.00-171.00avg 169.76   169.00-172.00avg 170.45

65 - 80% Choice     170.00-171.00avg 170.65   170.00-171.00avg 170.27

35 - 65% Choice           -      avg          170.00-170.00avg 170.00

0 - 35% Choice            -      avg                -      avg

Total all grades    169.00-171.00avg 170.46   169.00-172.00avg 170.26



Dressed basis             Steers                    Heifers

Over 80% Choice     270.00-275.00avg 272.35   270.00-272.00avg 270.77

65 - 80% Choice     270.00-273.00avg 270.29   270.00-272.00avg 270.44

35 - 65% Choice           -      avg                -      avg

0 - 35% Choice            -      avg                -      avg

Total all grades    270.00-275.00avg 271.22   270.00-272.00avg 270.51





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:         8,600

Weighted avg weight:               875

Weighted avg net price:         261.53





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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