Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Mon, October 08, 2012    USDA Market News Service

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

Thus far for Monday negotiated cash trade was at a standstill in all major feeding 
regions.  Last week in the Southern and Northern Plains live sales sold at 124.00. 
Dressed sales in Nebraska sold at 190.00. In the Western Cornbelt live sales sold 
from 120.00-123.00 with dressed sales at 190.00.  

Negotiated sales:
Confirmed:         280            Week ago:      131          Year ago:      769
Week to Date:      280            Week ago:      131          Year ago:      769

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:        23,800 
Weighted avg weight:               850
Weighted avg net price:         194.13

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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