Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Fri, April 06, 2012    USDA Market News Service

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

Thus far for Friday negotiated cash trade was mostly inactive in the Southern and 
Northern Plains as well as the Western Corbelt. Not enough sales in any feeding 
region for an adequate market test. The latest established market in the Southern 
Plains was on Tuesday with live sales at 122.00. In Colorado on Tuesday live sales 
traded at 123.00 on a light test. On Wednesday in Nebraska live sales traded from 
121.00-123.00 with dressed sales from 193.00-194.00. In the Western Cornbelt on 
Wednesday live sales traded from 120.50-122.25 with dressed sales from 192.00-194.00.

Negotiated sales:
Confirmed:       1,205            Week ago:    4,704          Year ago:    6,626
Week to Date:   84,676            Week ago:  123,817          Year ago:  128,045

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      124.00- 124.00avg 124.00            -       avg
65 - 80% Choice      124.25- 124.25avg 124.25      122.00- 123.00avg 122.33
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     124.00- 124.25avg 124.12      122.00- 123.00avg 122.33

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:        19,900
Weighted avg weight:               830
Weighted avg net price:         196.46

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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