Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Mon, May 14, 2012    USDA Market News Service

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

Thus far for Monday, negotiated cash trade was mostly inactive on light demand in the 
Southern and Northern Plains as well as the Western Cornbelt. Not enough sales in any 
region for an adequate market test. The latest established market in the Southern 
Plains was last week, with live sales at 120.00. In Nebraska for the previous week, 
live sales traded from 120.00-122.00 with dressed sales mostly at 192.00. Last week 
in Colorado, live sales traded from 121.00-122.00. In the Western Cornbelt last week, 
live sales traded from 120.00-121.00 with dressed sales from 190.00-194.00.

Negotiated sales:
Confirmed:         222            Week ago:      410          Year ago:      601
Week to Date:      222            Week ago:      410          Year ago:      601

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

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:        20,900
Weighted avg weight:               826
Weighted avg net price:         191.11

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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