Markets

Slaughter Cattle Review - Morning

LM_CT130

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



Morning National Slaughter Cattle Review for Wednesday, 11/19/2014



On Wednesday negotiated cash trading was limited on very light demand. 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:     1,787    Week ago:            1,677    Year ago:              960

Wk to Date:    3,901    Week ago to Date:    2,857    Year ago to Date:    3,192



Negotiated, Formula and contract purchases delivered to packers today:

Today:        68,700    Week Ago:           72,000    Year Ago:           72,100

Wk to Date:  233,900    Week Ago to Date:  224,100    Year Ago to Date:  238,800



Negotiated, Formula and contract commitments today: (generally for slaughter

within 7 days)

Today:        52,400    Week Ago:           59,400    Year Ago:           57,800

Wk to Date:  218,400    Week Ago to Date:  232,000    Year Ago to Date:  183,400



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      169.00-169.00 avg 169.00         -       avg

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     169.00-169.00 avg 169.00         -       avg



Dressed basis              Steers                     Heifers

Over 80% Choice            -       avg          265.00-265.00 avg 265.00

65 - 80% Choice            -       avg                -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades           -       avg          265.00-265.00 avg 265.00



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        26,000

Weighted avg weight:               873

Weighted avg net price:         267.29





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_ct130.txt



1100c  staff











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