USDA Afternoon National Slaughter Cattle Review - Feb 11
12 February 2016 - 9:58AM
Dow Jones News
LM_CT131
St. Joseph, MO Thu, February 11, 2016 USDA Market News Service
Afternoon National Slaughter Cattle Review as of 2:00 pm Thursday
Thus far Thursday, negotiated cash trade was light to moderate in the Texas Panhandle
with trade and demand moderate in Kansas. Compared to Wednesday in the Texas
Panhandle live sales sold 1.00 lower, with live sales in Kansas compared to last week
3.00 lower with the bulk of sales in both regions at 133.00. In Nebraska trade and
demand were moderate. Compared to last week, dressed sales sold 4.00 lower at 206.00.
For the week, live sales have sold 1.00-2.00 lower from 129.00-134.00. In Colorado
trade was light on light to moderate demand with a few live sales ranging from
129.50-134.00. In the Western Cornbelt trade and demand was light to moderate.
Compared to last week, dressed sales sold mostly 4.00 lower from 205.00-206.00 with
live sales for the week, mostly 1.00-2.00 lower from 129.50-130.00.
Negotiated sales:
Confirmed: 61,487 Week ago: 404 Year ago: 930
Week to Date: 74,631 Week ago: 1,956 Year ago: 4,519
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 128.00-133.00 avg 130.28 128.00-133.00 avg 131.99
65 - 80% Choice 128.00-134.00 avg 132.28 129.50-133.00 avg 132.60
35 - 65% Choice 132.00-134.00 avg 133.01 132.00-133.00 avg 132.89
0 - 35% Choice - avg - avg
Total all grades 128.00-134.00 avg 131.60 128.00-133.00 avg 132.41
Dressed basis Steers Heifers
Over 80% Choice 204.00-206.00 avg 205.94 204.00-210.00 avg 206.06
65 - 80% Choice 204.00-210.00 avg 205.99 204.00-210.00 avg 206.75
35 - 65% Choice 206.00-210.00 avg 206.74 210.00-210.00 avg 210.00
0 - 35% Choice - avg 206.00-206.00 avg 206.00
Total all grades 204.00-210.00 avg 206.03 204.00-210.00 avg 206.45
Formula purchases: prices established thus far today for slaughtered
cattle.
Beef Type: Domestic:
Head count priced today: 13,700
Weighted avg weight: 876
Weighted avg net price: 213.43
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
.
(END) Dow Jones Newswires
February 11, 2016 17:43 ET (22:43 GMT)
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