Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Tue, January 11, 2011    USDA Market News Service

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

Thus far for Tuesday trading was at a standstill in all major feeding regions.  Not 
enough sales to establish a market trend.  Last week in the Texas Panhandle, live 
sales traded from 106.00 to 106.50.  In Kansas, the latest available market was last 
week with live sales from 105.00 to 106.50 and dressed sales at 167.50.  Last week in 
Nebraska, live sales sold from 104.00 to 106.00 and dressed sales traded from 168.00 
to 169.00.  In Colorado, live sales sold from 105.50 to 106.50.  For the previous 
week in the Western Cornbelt, live sales traded from 104.00 to 106.00 and dressed 
sales sold from 167.00 to 170.00.  

Negotiated sales:
Confirmed:         236            Week ago:   47,734          Year ago:   14,960
Week to Date:      890            Week ago:   71,568          Year ago:   22,041

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

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:        10,000
Weighted avg weight:               835
Weighted avg net price:         169.79

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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