Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Thu, January 31, 2013    USDA Market News Service

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

Thus far for Thursday in the Southern Plains trading has very limited on very light 
demand. Not enough sales for a market test. Wednesday was the last reported market 
with live sales at 125.00. In Nebraska for Thursday trading has been limited on light 
demand. Not enough sales for an adequate market trend. However, a few live sales sold 
at 125.50. Last week's established market saw live sales from 122.00-124.00 and the 
bulk of dressed sales at 198.00. In Colorado so far for Thursday trading has been at 
a standstill. Last week live sales sold at 122.00. In the Western Cornbelt for 
Thursday trading has been mostly inactive on very light demand. Last week live sales 
sold from 123.00-124.00 and dressed sales from 198.00-200.00.

Negotiated sales:
Confirmed:       2,949            Week ago:    7,403          Year ago:    1,079
Week to Date:   27,854            Week ago:   38,339          Year ago:    3,646

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      123.00- 123.00avg 123.00            -       avg
65 - 80% Choice      125.00- 125.25avg 125.20      125.00- 125.25avg 125.24
35 - 65% Choice      125.00- 125.00avg 125.00      125.00- 125.00avg 125.00
0 - 35% Choice             -       avg                   -       avg
Total all grades     123.00- 125.25avg 125.05      125.00- 125.25avg 125.23

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:        18,800
Weighted avg weight:               824
Weighted avg net price:         192.54

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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