Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Tue, May 07, 2013    USDA Market News Service

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

Thus far on Tuesday, negotiated cash trade is at a standstill in the Southern and 
Northern Plains. Trading in the Western Cornbelt is limited on light demand.  Not 
enough sales to establish and 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 128.50-130.50 and dressed sales sold from 206.00 to mostly 207.00. In 
Colorado last week, live sales sold from 130.00-131.00. In the Western Cornbelt, live 
sales sold from 128.50-130.00 and dressed sales sold from 205.00-207.00, mostly 
206.00.  

Negotiated sales:
Confirmed:       2,207            Week ago:       91          Year ago:      346
Week to Date:    2,675            Week ago:      550          Year ago:      944

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

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice      203.00-204.00 avg 203.42   204.00-204.00 avg 204.00
35 - 65% Choice      203.00-203.00 avg 203.00   200.00-200.00 avg 200.00
0 - 35% Choice             -       avg                -       avg
Total all grades     203.00-204.00 avg 203.09   200.00-204.00 avg 203.30


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

Beef Type:                   Domestic:
Head count priced today:        15,700
Weighted avg weight:               821
Weighted avg net price:         204.45

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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