Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Tue, May 08, 2012    USDA Market News Service

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

Thus far for Tuesday trading has been at a standstill in all major feeding regions. 
Last week in the Southern Plains live sales sold at 120.00. In Nebraska live sales 
ranged from 120.00-123.00 and dressed sales sold at 194.00. Live sales in Colorado 
sold from 121.00-123.00. In Iowa-Minnesota live sales ranged from 120.00-123.00 and 
dressed sales sold from 192.00-194.00.

Negotiated sales:
Confirmed:         346            Week ago:      127          Year ago:    1,383
Week to Date:      944            Week ago:    1,306          Year ago:    1,895

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             120.00- 120.00avg 120.00
65 - 80% Choice            -       avg                   -       avg
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades           -       avg             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:        14,500
Weighted avg weight:               826
Weighted avg net price:         193.69

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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