Markets

Slaughter Cattle Review - Afternoon

LM_CT131

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



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



So far for Tuesday negotiated cash trade has been mostly inactive on light demand 

in all feeding regions. The latest established market in any feeding region was 

last week. In the Texas Panhandle last week, a few live sales sold at 172.00 on a

very light test. In Kansas last week, live sales sold at 173.00. In Nebraska last 

week, live sales sold from 170.00-173.00 with a few up to 174.50 with dressed sales

from 267.00-268.00. In Colorado for the previous week, live sales sold from 173.00-

174.00 on a light test. In the Western Cornbelt last week, live sales sold from 

170.00-171.00 with dressed sales from 267.00-268.00. 





Negotiated sales:

Confirmed:         305            Week ago:      181          Year ago:      908

Week to Date:    1,302            Week ago:    1,523          Year ago:    1,784



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      267.00-267.00 avg 267.00         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     267.00-267.00 avg 267.00         -       avg





Formula purchases: prices established thus far today for slaughtered 

cattle.



Beef Type:                   Domestic:

Head count priced today:        17,600

Weighted avg weight:               866

Weighted avg net price:         270.41





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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