Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Mon, May 21, 2012    USDA Market News Service

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

So far for Monday trading has been at a standstill in all major feeding regions. Last 
week in the Southern Plains live sales sold at 123.00. In Nebraska live sales sold 
from 123.00-125.00 and dressed sale sold at 195.00. In Colorado live sales sold at 
125.00. In the Western Cornbelt live sales sold from 122.00-123.00 and dressed sales 
sold at 195.00.

Negotiated sales:
Confirmed:                        Week ago:      222          Year ago:    1,553
Week to Date:                     Week ago:      222          Year ago:    1,553

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:        30,800
Weighted avg weight:               832
Weighted avg net price:         190.62

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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