Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Tue, June 17, 2014    USDA Market News Service

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

So far for Tuesday trading has been inactive on light demand in all feeding regions.
Not enough sales for a market trend. Last week in the Texas Panhandle live sales sold
at 147.00. In Kansas live sales sold at 148.00. In the Northern Plains and the 
Western Cornbelt live sales sold at 150.00. Dressed sales in Nebraska sold from 
236.00-238.00. Dressed sales in the Western Cornbelt dressed sales sold from 235.00-
238.00.

Negotiated sales:
Confirmed:         147            Week ago:      257          Year ago:    1,430
Week to Date:    1,563            Week ago:      578          Year ago:    2,805

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:        22,800
Weighted avg weight:               819
Weighted avg net price:         232.46

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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