USDA Market Reports

Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Fri, January 09, 2015    USDA Market News Service



Morning National Slaughter Cattle Review for Thursday, 1/8/2015



Thursday trading was inactive to limited with light demand in all major feeding

regions. Not enough sales in any price range for a full market trend. The last

reported market in the Southern Plains was on Tuesday. In the Texas Panhandle

live sales sold from 168.00-170.00. In Kansas live sales sold at 170.00 with a

few up to 170.50. Wednesday was the last reported market in Nebraska and the

Western Cornbelt. In Nebraska live sales sold mostly at 172.00 and dressed sales

sold mostly at 270.00. In the Western Cornbelt live sales sold at 170.00 and

dressed sales sold at 270.00. Thus far for the week in Colorado a limited number

of live sales have sold from 170.00-172.00.



Negotiated sales:

Confirmed:     5,490    Week ago:           66,057    Year ago:           11,550

Wk to Date:   99,768    Week ago to Date:   83,737    Year ago to Date:   13,250



Negotiated, Formula and contract purchases delivered to packers today:

Today:        66,500    Week Ago:           44,600    Year Ago:           78,500

Wk to Date:  295,600    Week Ago to Date:  226,900    Year Ago to Date:  315,000



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

within 7 days)

Today:        33,500    Week Ago:           94,900    Year Ago:           50,400

Wk to Date:  344,200    Week Ago to Date:  290,600    Year Ago to Date:  217,900



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      168.00-170.00 avg 169.61   170.00-171.00 avg 170.30

65 - 80% Choice      168.00-168.00 avg 168.00   168.00-168.00 avg 168.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     168.00-170.00 avg 169.04   168.00-171.00 avg 169.27



Dressed basis              Steers                     Heifers

Over 80% Choice      270.00-272.00 avg 270.57   267.00-270.00 avg 269.31

65 - 80% Choice      270.00-270.00 avg 270.00   270.00-270.00 avg 270.00

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     270.00-272.00 avg 270.49   267.00-270.00 avg 269.44



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        28,100

Weighted avg weight:               877

Weighted avg net price:         260.68





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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