Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Fri, December 28, 2012    USDA Market News Service

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

Thus far for Friday trading in the Texas Panhandle has been light to moderate with 
light to moderate demand. In Kansas trading and demand have been moderate. Compared 
to last week, in both regions, live sales sold 1.00 higher at 127.00. In Nebraska 
trading has been moderate with good demand. Compared to last week live sales sold 
1.00 higher at 127.00 and dressed sales sold 2.00 to 3.00 higher from 202.00 to 
203.00. In Colorado and the Western Cornbelt for Friday has seen trading limited on 
light demand. Not enough sales to fully establish an adequate market trend. Last week 
in Colorado live sales sold at 127.00. In the Western Cornbelt live sales sold at 
126.00 and dressed sales sold mostly at 200.00 with a few up to 202.00.

Negotiated sales:
Confirmed:      36,261            Week ago:   18,282          Year ago:   17,884
Week to Date:   43,078            Week ago:   36,374          Year ago:   23,171

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      126.00- 127.00avg 126.74      127.00- 127.00avg 127.00
65 - 80% Choice      127.00- 127.00avg 127.00      127.00- 127.00avg 127.00
35 - 65% Choice      127.00- 127.00avg 127.00      127.00- 127.00avg 127.00
0 - 35% Choice       127.00- 127.00avg 127.00      127.00- 127.00avg 127.00
Total all grades     126.00- 127.00avg 126.99      127.00- 127.00avg 127.00

Dressed basis              Steers                        Heifers
Over 80% Choice      200.00- 203.00avg 201.65      202.00- 203.00avg 202.14
65 - 80% Choice      200.00- 203.00avg 202.22      201.00- 203.00avg 201.84
35 - 65% Choice      201.00- 202.00avg 201.20      201.00- 202.00avg 201.02
0 - 35% Choice             -       avg                   -       avg
Total all grades     200.00- 203.00avg 201.81      201.00- 203.00avg 201.39


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

Beef Type:                   Domestic:
Head count priced today:        10,400
Weighted avg weight:               869
Weighted avg net price:         198.68

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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