Afternoon National Slaughter Cattle Review as of 2:00 pm Wednesday
Thus far for Wednesday, negotiated cash trade mostly inactive on light demand in the
Southern and Northern Plains as well as the Western Cornbelt. Not enough sales to
establish an adequate market test. The latest market was last week with live sales at
87.00 in the Texas Panhandle. For the previous week, in Kansas live sales traded from
86.00 to mostly 87.00 with dressed sales at 138.00. In Nebraska for the prior week,
live sales traded from 83.50 to 85.00 with dressed sales at 137.00. Last week in
Colorado live sales traded from 85.00 to 85.50. For the previous week, in
Iowa/Minnesota live sales traded from 84.00 to 85.00 with dressed sales from 135.00
to 137.00.
Negotiated sales:
Confirmed: 1,055 Week ago: 615 Year ago: 247
Week to Date: 4,106 Week ago: 6,543 Year ago: 3,991
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 83.00-88.50 avg 84.67 - avg
65 - 80% Choice 87.50-87.50 avg 87.50 85.00-86.00 avg 85.67
35 - 65% Choice - avg - avg
0 - 35% Choice - avg - avg
Total all grades 83.00-88.50 avg 84.91 85.00-86.00 avg 85.67
Dressed basis Steers Heifers
Over 80% Choice - avg - avg
65 - 80% Choice - avg - avg
35 - 65% Choice 137.00-137.00 avg 137.00 - avg
0 - 35% Choice - avg - avg
Total all grades 137.00-137.00 avg 137.00 - avg
Formula purchases: prices established thus far today for slaughtered cattle.
Beef Type: Domestic:
Head count priced today: 8,300
Weighted avg weight: 817
Weighted avg net price: 136.76
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.
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