Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Tue, April 10, 2012    USDA Market News Service

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

Thus far for Tuesday negotiated cash trade was inactive on light demand in the 
Southern and Northern Plains as well as the Western Cornbelt. Not enough sales in any 
feeding region for an adequate market test. The latest established market was last 
week with live sales at 122.00 in the Southern Plains. Last week in Nebraska, live 
sales traded from 121.00-123.00 with dressed sales from 193.00-194.00. In Colorado 
last week, live sales traded at 123.00. In the Western Cornbelt for the previous 
week, live sales traded from 121.00-122.00 with dressed sales from 192.00-194.00.


Negotiated sales:
Confirmed:         596            Week ago:    5,407          Year ago:      253
Week to Date:      764            Week ago:    5,974          Year ago:      977

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      120.00- 120.00avg 120.00      120.00- 120.00avg 120.00
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     120.00- 120.00avg 120.00      120.00- 120.00avg 120.00

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:        13,700
Weighted avg weight:               835
Weighted avg net price:         198.40

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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