Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Tue, March 04, 2014    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 3/3/14

On Monday negotiated cash trade was at a standstill in all feeding regions. The 
latest established market was last week with live sales at 150.00 in the 
Southern Plains. Last week in Nebraska, the bulk of live sales traded at 152.00 with 
dressed sales at 240.00. In Colorado last week, live sales traded from 152.00-152.50. 
Last week in the Western Cornbelt, the bulk of live sales traded at 150.00 with 
dressed sales at 240.00.


Negotiated sales:
Confirmed:       384    Week ago:              440    Year ago:              610
Wk to Date:      384    Week ago to Date:      440    Year ago to Date:      610

Negotiated, Formula and contract purchases delivered to packers today:
Today:        79,600    Week Ago:           70,900    Year Ago:           81,400
Wk to Date:   79,600    Week Ago to Date:   70,900    Year Ago to Date:   81,400

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        77,400    Week Ago:           60,200    Year Ago:           46,100
Wk to Date:   77,400    Week Ago to Date:   60,200    Year Ago to Date:   46,100

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 on previous reporting day for 
slaughtered cattle.

Beef Type:                   Domestic:
Head count priced today:        43,000
Weighted avg weight:               832
Weighted avg net price:         230.18

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





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