Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Fri, October 12, 2012    USDA Market News Service

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

Thus far for Friday trading and demand have been moderate in all major feeding 
regions. Compared to last week in the Texas Panhandle live sales sold 1.00 to 2.00 
higher from 125.00 to 126.00. In Kansas live sales sold 1.00 higher at 125.00. In 
Nebraska and Colorado live sales sold 1.00 to 1.50 higher from 125.00 to 125.50. 
Dressed sales in Nebraska sold 3.00 higher at 193.00. In the Western Cornbelt live 
sales sold unevenly steady at 122.00. Dressed sales sold 2.00 to 3.00 higher from 
192.00 to 193.00.

Negotiated sales:
Confirmed:      61,808            Week ago:    6,664          Year ago:    3,993
Week to Date:   81,257            Week ago:  101,163          Year ago:  131,785

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      121.25- 125.50avg 124.27      122.00- 125.75avg 124.93
65 - 80% Choice      122.00- 125.50avg 124.13      121.00- 126.00avg 125.16
35 - 65% Choice      125.00- 126.00avg 125.10      125.00- 126.00avg 125.30
0 - 35% Choice       125.00- 125.00avg 125.00      125.00- 125.00avg 125.00
Total all grades     121.25- 126.00avg 124.64      121.00- 126.00avg 125.22

Dressed basis              Steers                        Heifers
Over 80% Choice      190.00- 193.00avg 192.23      191.00- 193.00avg 192.60
65 - 80% Choice      190.00- 193.00avg 192.56      192.00- 197.50avg 194.55
35 - 65% Choice      193.00- 197.50avg 195.12      192.00- 197.50avg 194.24
0 - 35% Choice             -       avg             197.00- 197.00avg 197.00
Total all grades     190.00- 197.50avg 192.95      191.00- 197.50avg 193.82


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

Beef Type:                   Domestic:
Head count priced today:         5,700 
Weighted avg weight:               858
Weighted avg net price:         192.25

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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