Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Thu, May 23, 2013    USDA Market News Service

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

On Thursday, negotiated cash trade and demand was light in all major feeding regions. 
Compared to Wednesday in the Southern Plains, live sales sold steady at 124.00. In 
Nebraska a few early dressed sales sold at 202.00; however there was not enough sales 
for a market trend. The last established market was last week. In the Northern Plains 
live sales sold at 126.50 and dressed sales in Nebraska at 201.00. In the Western 
Cornbelt, live sales sold from 124.00-125.50 and dressed sales from 198.00-202.00.   

Negotiated sales:
Confirmed:       7,453            Week ago:   13,378          Year ago:   15,246
Week to Date:   31,068            Week ago:   23,210          Year ago:   69,430

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      124.00-127.50 avg 125.06   124.00-124.00 avg 124.00
65 - 80% Choice      123.00-124.00 avg 123.88   124.00-124.00 avg 124.00
35 - 65% Choice      124.00-124.00 avg 124.00   123.00-124.00 avg 123.96
0 - 35% Choice             -       avg                -       avg
Total all grades     123.00-127.50 avg 124.02   123.00-124.00 avg 123.97

Dressed basis              Steers                     Heifers
Over 80% Choice      198.50-202.00 avg 199.46   200.00-200.00 avg 200.00
65 - 80% Choice      200.00-202.00 avg 200.49   202.00-202.00 avg 202.00
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     198.50-202.00 avg 200.19   200.00-202.00 avg 201.50


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

Beef Type:                   Domestic:
Head count priced today:         9,900
Weighted avg weight:               794
Weighted avg net price:         199.72

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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