Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Wed, December 05, 2012    USDA Market News Service

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

So far for Wednesday trading has been inactive on very light demand in all major 
feeding regions. Not enough sales for a market trend. Last week in the Texas 
Panhandle live sales ranged from 126.00-128.00. In Kansas live sale sold at 125.00. 
In Nebraska live sales sold at 125.50 and dressed ranged from 199.00-202.00. In 
Colorado live sales sold at 125.50. In the Western Cornbelt live sale sold at 125.00 
and dressed sales ranged from 198.00-202.00.

Negotiated sales:
Confirmed:         499            Week ago:      549          Year ago:    3,412
Week to Date:    4,132            Week ago:    4,473          Year ago:    5,636

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             198.00- 198.00avg 198.00
65 - 80% Choice            -       avg                   -       avg
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades           -       avg             198.00- 198.00avg 198.00


Formula purchases: prices established thus far today for slaughtered 
cattle.

Beef Type:                   Domestic:
Head count priced today:         7,300
Weighted avg weight:               838
Weighted avg net price:         201.17

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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