Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Wed, December 12, 2012    USDA Market News Service

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

Thus far on Wednesday, negotiated cash trade was mostly inactive all major feeding 
regions.  Not enough sales to establish an adequate market trend.  The last 
established market was last week.  In the Southern Plains live sales sold at 124.00.   
The previous week, in Nebraska live sales sold from 123.00-124.00.  Dressed sales 
sold at 197.00, with a few at 198.00.  In Colorado, live sales sold from 123.00 to 
123.50.  The prior week, in the Western Cornbelt, live sales sold from 123.00 to 
124.00.  Dressed sales sold from 196.00 to 198.00.  


Negotiated sales:
Confirmed:         478            Week ago:      499          Year ago:      570
Week to Date:    3,993            Week ago:    4,132          Year ago:    7,888

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      123.00- 124.00avg 123.75      123.00- 123.00avg 123.00
65 - 80% Choice      122.00- 123.00avg 122.94      123.00- 123.00avg 123.00
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     122.00- 124.00avg 123.09      123.00- 123.00avg 123.00

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:        27,100
Weighted avg weight:               867
Weighted avg net price:         200.98

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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