Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Tue, August 26, 2014    USDA Market News Service

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

Thus far for Tuesday, negotiated cash trade was mostly inactive on light demand in 
all feeding regions. Last week in the Texas Panhandle live sale sold at 152.00. In 
Kansas for the previous week, live sales sold from 152.00-153.00. Last week in 
Nebraska live sales sold from 152.00-155.50 with dressed sales mostly at 242.00. In 
Colorado last week, live sales sold at 155.00. In the Western Cornbelt last week, 
live sales sold at 153.00 with dressed sales at 242.00.


Negotiated sales:
Confirmed:         255            Week ago:      513          Year ago:      397
Week to Date:      680            Week ago:      799          Year ago:    1,139

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          151.00-151.00 avg 151.00
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg          151.00-151.00 avg 151.00

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:        22,900
Weighted avg weight:               857
Weighted avg net price:         244.23


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)-238-0678 or (816)-676-7000 e-mail:  stjoe.lgmn@ams.usda.gov
         www.ams.usda.gov/mnreports/lm_ct131.txt

1530c  staff





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