Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Tue, April 17, 2012    USDA Market News Service

Afternoon National Slaughter Cattle Review as of 2:00 pm Tuesday

So far for Tuesday trading has been at a standstill in the Southern and Northern 
Plains. In the Western Cornbelt trading has been inactive on very light demand. Not 
enough sales for a market trend in any major feeding region. Last week in the 
Southern Plains and Colorado live sales sold at 122.00. In Nebraska live sales sold 
from 122.00-123.50 and dressed sales from 194.00-195.00. In the Western Cornbelt live 
sales ranged from 122.00-125.00 and dressed sales from 194.00-200.00.

Negotiated sales:
Confirmed:         568            Week ago:      720          Year ago:       67
Week to Date:    2,063            Week ago:      888          Year ago:    1,121

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:         7,300
Weighted avg weight:               813
Weighted avg net price:         195.16

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)-238-0678 or (816)-676-7000 e-mail:  stjoe.lgmn@ams.usda.gov
         www.ams.usda.gov/mnreports/lm_ct131.txt

1530c  staff





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