Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Tue, March 25, 2014    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 3/24/2014

On Monday trading was inactive on very light demand in all feeding regions. Not 
enough sales for a market trend. Last week live sales in the Southern Plains sold
at 150.00 with a few at 150.50. In Nebraska live sales sold mostly at 152.00 and 
dressed sales sold mostly at 242.00. In Colorado live sales sold from 152.00-152.50.
In the Western Cornbelt live sales sold from 150.00-151.00 and dressed sales sold 
from 240.00-242.00 on a light test.


Negotiated sales:
Confirmed:       346    Week ago:              174    Year ago:              879
Wk to Date:      346    Week ago to Date:      174    Year ago to Date:      879

Negotiated, Formula and contract purchases delivered to packers today:
Today:        78,400    Week Ago:           82,400    Year Ago:           75,100
Wk to Date:   78,400    Week Ago to Date:   82,400    Year Ago to Date:   75,100

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        74,600    Week Ago:           63,100    Year Ago:           82,600
Wk to Date:   74,600    Week Ago to Date:   63,100    Year Ago to Date:   82,600

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      149.50-149.50 avg 149.50         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     149.50-149.50 avg 149.50         -       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:        44,300
Weighted avg weight:               825
Weighted avg net price:         237.11

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_ct130.txt

1100c  staff





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