Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Mon, April 30, 2012    USDA Market News Service

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

So far for Monday trading has been inactive on very light demand. Not enough sales 
for an adequate 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 sold with a light test at 120.00 and 
194.00, respectively.

Negotiated sales:
Confirmed:       1,139            Week ago:      639          Year ago:      430
Week to Date:    1,139            Week ago:      639          Year ago:      430

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      193.00- 193.00avg 193.00      194.00- 194.00avg 194.00
65 - 80% Choice      194.00- 194.00avg 194.00            -       avg
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     193.00- 194.00avg 193.39      194.00- 194.00avg 194.00


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

Beef Type:                   Domestic:
Head count priced today:        24,300
Weighted avg weight:               813
Weighted avg net price:         193.57

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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