USDA Market Reports

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Tue, December 30, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Monday, 12/29/2014



On Monday negotiated cash trading was inactive on very light demand. Not enough

sales in any feeding region for a market trend. The last reported market was for

the prior 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:       711    Week ago:              294    Year ago:            2,403

Wk to Date:      711    Week ago to Date:      294    Year ago to Date:    2,403



Negotiated, Formula and contract purchases delivered to packers today:

Today:        88,200    Week Ago:           86,800    Year Ago:           83,300

Wk to Date:   88,200    Week Ago to Date:   86,800    Year Ago to Date:   83,300



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

within 7 days)

Today:        84,700    Week Ago:           89,000    Year Ago:           79,100

Wk to Date:   84,700    Week Ago to Date:   89,000    Year Ago to Date:   79,100



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      262.00-262.00 avg 262.00         -       avg

65 - 80% Choice      260.00-260.00 avg 260.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     260.00-262.00 avg 260.18         -       avg



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        36,800

Weighted avg weight:               862

Weighted avg net price:         249.86





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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