Slaughter Cattle Review - Morning

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

LM_CT130
St. Joseph, MO    Fri, July 26, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Thursday, 7/25/2013

On Thursday trading in the Texas Panhandle was light on light to moderate demand. 
Compared to last week live sales, sold steady at 119.00. In Kansas trading and demand
were light. Compared to the last reported market on Wednesday live sales sold steady 
at 119.00. In Nebaraska on Thursday trading was light on light demand. A few live 
sales sold from 120.25 to 121.00. However, not enough for a market trend. Last week 
saw live sales mostly at 120.00 and dressed sales at 193.00. In Colorado trading
and demand were moderate on Thursday. Compared to last week live sales sold steady at
120.50. In the Western Cornbelt trading was limited on very light demand on Thursday.
Not enough sales for a market trend. Last week live sales sold from 120.00 to 121.00 
and dressed sales from 191.00 to 193.00.

Negotiated sales:
Confirmed:    19,048    Week ago:            3,095    Year ago:           76,726
Wk to Date:   36,302    Week ago to Date:    9,491    Year ago to Date:   81,784

Negotiated, Formula and contract purchases delivered to packers today:
Today:        77,800    Week Ago:           83,700    Year Ago:           80,300
Wk to Date:  331,900    Week Ago to Date:  339,000    Year Ago to Date:  337,700

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        55,300    Week Ago:           46,300    Year Ago:          111,100
Wk to Date:  298,000    Week Ago to Date:  294,500    Year Ago to Date:  342,600

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      120.50-122.00 avg 120.54   120.25-121.00 avg 120.52
65 - 80% Choice      119.00-121.00 avg 120.40   119.00-121.00 avg 120.13
35 - 65% Choice      118.00-121.00 avg 119.81   118.00-120.50 avg 119.55
0 - 35% Choice             -       avg                -       avg
Total all grades     118.00-122.00 avg 120.26   118.00-121.00 avg 120.03

Dressed basis              Steers                     Heifers
Over 80% Choice      193.00-193.00 avg 193.00         -       avg
65 - 80% Choice      192.00-193.00 avg 192.73   193.00-193.00 avg 193.00
35 - 65% Choice      188.00-188.00 avg 188.00   188.00-188.00 avg 188.00
0 - 35% Choice       188.00-188.00 avg 188.00         -       avg
Total all grades     188.00-193.00 avg 191.54   188.00-193.00 avg 188.46

Formula purchases: prices established on previous reporting day for 
slaughtered cattle.

Beef Type:                   Domestic:
Head count priced today:        22,900
Weighted avg weight:               824
Weighted avg net price:         189.37


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_ct130.txt

1100c  staff





.


Related Articles

Sponsored Links


Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


Case IH DC3 Series Mower Conditioners

DC133 (13’ cut width, 8 discs) and DC163 (16’ cut width, 10 discs).125” conditioning width – best in class. Flail, ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Leads to Insight