Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Tue, May 01, 2012    USDA Market News Service

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

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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