Markets

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Thu, October 15, 2015    USDA Market News Service



Morning National Slaughter Cattle Review for Wednesday, 10/14/2015



On Wednesday negotiated cash trading of beef type cattle was 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:     1,311    Week ago:            1,408    Year ago:           76,680

Wk to Date:    2,729    Week ago to Date:    3,348    Year ago to Date:   83,186



Negotiated, Formula and contract purchases delivered to packers today:

Today:        77,500    Week Ago:           72,500    Year Ago:           78,300

Wk to Date:  234,700    Week Ago to Date:  229,200    Year Ago to Date:  247,900



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

within 7 days)

Today:        43,500    Week Ago:           43,900    Year Ago:          118,500

Wk to Date:  177,400    Week Ago to Date:  186,000    Year Ago to Date:  270,200



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 on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        23,300

Weighted avg weight:               908

Weighted avg net price:         199.18





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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