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                 USDA MARKET NEWS--AFTERNOON CATTLE REPORT    07/31/14

              VOLUME   USDA TOTAL RANGE  DTN PRACTICAL RANGE    DTN WT AVG
   
KANSAS    CONFIRMED CASH SALES - TODAY:       0   WEEK T0 DATE:      63
STEERS    No reportable trade
HEIFERS   No reportable trade

NEBRASKA  CONFIRMED CASH SALES - TODAY:       0   WEEK TO DATE:       0
STEERS    No reportable trade
HEIFERS   No reportable trade

TEXAS     CONFIRMED CASH SALES - TODAY:       0   WEEK TO DATE:      80
STEERS    No reportable trade
HEIFERS   No reportable trade

COLORADO  CONFIRMED CASH SALES - TODAY:       0   WEEK TO DATE:       0
STEERS    No reportable trade
HEIFERS   No reportable trade

IOWA      CONFIRMED CASH SALES - TODAY:     757   WEEK TO DATE:   2,461
STEERS    No reportable trade
HEIFERS   238         255.00-255.00       255.00-255.00       255.00

COMMENTS: Another fairly quiet day with the cash trade at a near standstill

***NOTE: THE USDA REVISED WEDNESDAY'S BOXED BEEF REPORT AND THE CARCASS EQV 
INDEX REPORT THE CORRECTIONS WERE AS FOLLOWS:  Choice Beef Cutout changed to 
262.92 +1.58, Choice Cuts were changed to 85.14 lds.  Choice Beef Carcass 
Price Index 244.31 +.92, Choice Box Based 250.92 with a new Choice head count 
of 49,961.***

5 AREA LV STR AVE PR&WT: $165.00(1367)Light Test / HIDE & OFFAL: $16.22 +.02
CARCASS EQV INDEX   CHOICE (600-900#)   SELECT (600-900#)    #OF HEAD
 LIVE BASED           238.58              231.44               50,860
 BOX BASED            251.66              248.60               48,449
 AVE INDEX            245.12 + .81        240.02 + .33         99,309
BEEF CUTOUTS        CHOICE (600-900#)   SELECT (600-900#)
                      263.66 + .74        260.60 - .23
  63.34 LDS CH CUTS /  36.34 LDS SEL CUTS / 18.85  LDS TRIM / 13.64 LDS GROUND
BOXED BEEF TREND:  Stdy/frm on mod dem & lt offers
COMPREHENSIVE WEEKLY CUTOUT VALUE: Week ending 07/25 $149.45 +3.86
 CUTTER 90%  350# UP C/O: $228.76 Unchg
 NAT'L BONELESS BF TRIM:  60.07 lds / Firm on frly gd dem & mod offers
 90% TRIM: 30 lds / WT AVG: $292.16 / Generally steady
*ABCDE AFTER QUOTE REPRESENTS DAYS SINCE LAST REPORTED MARKET TEST*.
FI KILL(WTD) THU 115(451) WK AGO 115(458) YR AGO 119(484) MIX: WED SH90\CB23
                       WEEKLY CANADIAN CATTLE IMPORTS.
                         FEEDERS     SLAUGHTER S&H
Week Ending:  07/19/14    2,288          4,913
Week Ending:  07/12/14    1,678          5,729
Change from prev week:     +610           -816


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