Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Wed, October 10, 2012    USDA Market News Service

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

Thus far for Wednesday negotiated cash trade is 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:         173            Week ago:      494          Year ago:      171
Week to Date:    1,751            Week ago:    1,006          Year ago:    1,353

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:        33,400 
Weighted avg weight:               875
Weighted avg net price:         193.12

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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