Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Mon, March 10, 2014    USDA Market News Service

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

Thus far for Monday trading has been inactive on very light demand in all major
feeding regions. Last week in the Southern Plains live sales sold at 148.00. In
the Northern Plains live sales sold at 150.00 and dressed sales in Nebraska sold
from 237.00-240.00. In the Western Cornbelt live sales sold from 147.00-148.00
and dressed sales from 235.50-240.00.

Negotiated sales:
Confirmed:          65            Week ago:      138          Year ago:       88
Week to Date:       65            Week ago:      138          Year ago:       88

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            -       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 thus far today for slaughtered 
cattle.

Beef Type:                   Domestic:
Head count priced today:        33,900
Weighted avg weight:               823
Weighted avg net price:         238.85

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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