Afternoon National Slaughter Cattle Review as of 2:00 pm Tuesday
Thus far for Tuesday, negotiated cash trade was at a standstill in the Southern and Northern Plains as well as the Western Cornbelt. Not enough sales in any feeing regions for a market trend. Last week in the Texas Panhandle live sales sold at 119.00. In Kansas live sales sold mostly at 120.00. In Nebraska live sales sold from 120.00-122.00 and dressed mostly at 194.00. In Colorado live sales sold from 120.00- 121.00. In the Western Cornbelt live and dressed sales sold with a light test at
120.00 and 194.00, respectively.
Negotiated sales:
Confirmed: 127 Week ago: 385 Year ago: 70,746
Week to Date: 1,306 Week ago: 1,584 Year ago: 86,938
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 – avg – avg
35 – 65% Choice – avg – avg
0 – 35% Choice – avg – avg
Total all grades – avg – avg
Formula purchases: prices established thus far today for slaughtered cattle.
Beef Type: Domestic:
Head count priced today: 12,500
Weighted avg weight: 822
Weighted avg net price: 194.57