USDA Afternoon National Slaughter Cattle Review - May 27
27 May 2016 - 9:36PM
Dow Jones News
LM_CT131
St. Joseph, MO Fri, May 27, 2016 USDA Market News Service
Afternoon National Slaughter Cattle Review as of 2:00 pm Friday
Thus far for Friday, negotiated cash trade was light on moderate demand in
Nebraska and the Western Cornbelt. In Nebraska a limited amount of live sales
sold from 125.00-126.00 with dressed sales ranging from 195.00-205.00. Thus far
for the week in Nebraska the bulk of live sales have sold from 124.00-125.00 with
the bulk of dressed sales ranging from 195.00-198.00. In the Western Cornbelt a
few live sales have sold from 124.00-125.00, dressed sales with greater than a
two week delivery have sold at 205.00. Trade was mostly inactive on light to
moderate demand in the Southern Plains and Colorado. Live sales in those regions
this week have sold at 125.00.
Negotiated sales:
Confirmed: 12,691 Week ago: 17,050 Year ago: 12,546
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 122.00-125.00 avg 124.54 123.00-126.00 avg 124.61
65 - 80% Choice 124.00-124.00 avg 124.00 125.00-126.00 avg 125.44
35 - 65% Choice 125.00-125.00 avg 125.00 125.00-125.00 avg 125.00
0 - 35% Choice - avg - avg
Total all grades 122.00-125.00 avg 124.60 123.00-126.00 avg 124.97
Dressed basis Steers Heifers
Over 80% Choice 196.00-200.00 avg 199.06 196.00-198.00 avg 197.20
65 - 80% Choice 195.00-205.00 avg 200.96 195.00-205.00 avg 200.92
35 - 65% Choice - avg - avg
0 - 35% Choice - avg - avg
Total all grades 195.00-205.00 avg 200.67 195.00-205.00 avg 199.59
Formula purchases: prices established thus far today for slaughtered
cattle.
Beef Type: Domestic:
Head count priced today: 22,000
Weighted avg weight: 841
Weighted avg net price: 207.95
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
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(END) Dow Jones Newswires
May 27, 2016 16:21 ET (20:21 GMT)
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