USDA Morning National Slaughter Cattle Review - May 6
May 06 2016 - 12:46PM
Dow Jones News
LM_CT130
St. Joseph, MO Fri, May 06, 2016 USDA Market News Service
Morning National Slaughter Cattle Review for Thursday, 5/5/16
On Thursday negotiated cash trade was mostly inactive on light demand in all feeding
regions. Not enough sales in any feeding region for an adequate market test. Last
week in the Southern Plains live sales sold at 124.00. In Nebraska live sales sold
from 123.00-124.50 and dressed sales sold mostly at 196.00. In Colorado live sales
sold from 124.00-125.00. For the prior week in the Western Cornbelt live sales ranged
from 119.00-124.00 on a light test, with dressed sales from 188.00-196.00.
Negotiated sales:
Confirmed: 1,147 Week ago: 82,652 Year ago: 10,230
Wk to Date: 3,609 Week ago to Date: 92,976 Year ago to Date: 15,805
Negotiated, Formula and contract purchases delivered to packers today:
Today: 81,700 Week Ago: 77,000 Year Ago: 80,600
Wk to Date: 315,800 Week Ago to Date: 317,700 Year Ago to Date: 312,300
Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today: 77,500 Week Ago: 92,800 Year Ago: 43,300
Wk to Date: 276,400 Week Ago to Date: 324,700 Year Ago to Date: 236,900
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 121.00-121.00 avg 121.00
65 - 80% Choice - avg - avg
35 - 65% Choice - avg - avg
0 - 35% Choice - avg - avg
Total all grades - avg 121.00-121.00 avg 121.00
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: 23,600
Weighted avg weight: 855
Weighted avg net price: 196.43
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_ct130.txt
1100c staff
.
(END) Dow Jones Newswires
May 06, 2016 12:31 ET (16:31 GMT)
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