Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Tue, January 08, 2013    USDA Market News Service

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

Thus far on Tuesday, negotiated cash trade in Texas and Nebraska was light on 
light demand.  In Texas early live sales sold at 128.00.  In Nebraska, early 
dressed sales sold at 205.00.  Trading in Kansas, Colorado, and the Western 
Cornbelt was mostly inactive.  Not enough sales for an adequate market trend.  
The last established market was last week.  In the Southern Plains, live sales 
sold at 128.00.  In Nebraska, live sales sold from 128.00 to 128.50.  Dressed 
sales sold at 205.00.  Last week in Colorado, live sales sold from 128.00 to 
130.00.  In the Western Cornbelt, live sales sold from 127.00 to 129.00.  
Dressed sales sold at 205.00.  

Negotiated sales:
Confirmed:      11,544            Week ago:     None          Year ago:       54
Week to Date:   12,184            Week ago:      708          Year ago:      996

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      127.00- 127.00avg 127.00            -       avg
65 - 80% Choice      128.00- 128.00avg 128.00            -       avg
35 - 65% Choice      128.00- 128.00avg 128.00      128.00- 128.00avg 128.00
0 - 35% Choice             -       avg                   -       avg
Total all grades     127.00- 128.00avg 127.90      128.00- 128.00avg 128.00

Dressed basis              Steers                        Heifers
Over 80% Choice            -       avg             205.00- 205.00avg 205.00
65 - 80% Choice      205.00- 205.00avg 205.00      205.00- 205.00avg 205.00
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     205.00- 205.00avg 205.00      205.00- 205.00avg 205.00


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

Beef Type:                   Domestic:
Head count priced today:        12,300
Weighted avg weight:               854
Weighted avg net price:         203.28

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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