Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Wed, July 17, 2013    USDA Market News Service

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

So far for Wednesday negotiated cash beef type trading has been inactive with very
light demand. Not enough sales for a market trend. Last week in the Southern Plains
live sales sold at 119.00. In the Northern Plains live sales sold from 120.00-120.50
and dressed sales in Nebraska sold at 193.00. In the Western Cornbelt live sales sold
from 120.00-121.00 and dressed sales from 191.00-193.00.

Negotiated sales:
Confirmed:       1,402            Week ago:      794          Year ago:    4,627
Week to Date:    3,409            Week ago:    3,441          Year ago:   86,924

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      120.25-121.00 avg 120.66         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     120.25-121.00 avg 120.66         -       avg

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice      191.00-191.00 avg 191.00         -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     191.00-191.00 avg 191.00         -       avg


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

Beef Type:                   Domestic:
Head count priced today:        14,900
Weighted avg weight:               836
Weighted avg net price:         191.67

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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