Slaughter Cattle Review - Morning

LM_CT130

St. Joseph, MO    Wed, December 17, 2014    USDA Market News Service



Morning National Slaughter Cattle Review for Tuesday, 12/16/2014



On Tuesday negotiated cash trading was mostly inactive on very light demand in the 

Southern Plains and and Colorado. In Nebraska and the Western Cornbelt trading was

limited on light demand. A few live sales sold in Nebraska at 160.00. However, not 

enough sales for a market trend. Last week live sales sold mostly at 164.00 in the 

Southern Plains. In Nebraska live sales sold from 160.00-164.00 and dressed sales 

sold from 256.00-257.00. In Colorado live sales sold at 164.00 with a light test. 

In the Western Cornbelt live sales sold at 162.00 and dressed sales sold from 

254.00-257.00.





Negotiated sales:

Confirmed:     7,000    Week ago:              798    Year ago:            1,677

Wk to Date:    7,913    Week ago to Date:    2,910    Year ago to Date:    2,604



Negotiated, Formula and contract purchases delivered to packers today:

Today:        78,900    Week Ago:           79,800    Year Ago:           81,800

Wk to Date:  162,800    Week Ago to Date:  165,700    Year Ago to Date:  170,800



Negotiated, Formula and contract commitments today: (generally for slaughter

within 7 days)

Today:        49,400    Week Ago:           68,600    Year Ago:           71,400

Wk to Date:  134,200    Week Ago to Date:  171,500    Year Ago to Date:  153,400



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      159.00-160.50 avg 159.89   158.00-158.00 avg 158.00

65 - 80% Choice      159.00-160.00 avg 159.88   160.00-160.00 avg 160.00

35 - 65% Choice      157.00-160.00 avg 159.04         -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     157.00-160.50 avg 159.55   158.00-160.00 avg 159.66



Dressed basis              Steers                     Heifers

Over 80% Choice      251.00-252.00 avg 251.59   252.00-252.00 avg 252.00

65 - 80% Choice      251.00-252.00 avg 251.07         -       avg

35 - 65% Choice            -       avg                -       avg

0 - 35% Choice             -       avg                -       avg

Total all grades     251.00-252.00 avg 251.36   252.00-252.00 avg 252.00



Formula purchases: prices established on previous reporting day for 

slaughtered cattle.



Beef Type:                   Domestic:

Head count priced today:        25,400

Weighted avg weight:               861

Weighted avg net price:         265.93





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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