Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Thu, November 15, 2012    USDA Market News Service

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

Thus far on Thursday, negotiated cash trade was mostly inactive in the Southern 
Plains and Colorado.  In Nebraska and the Western Cornbelt trading was limited on 
light demand.  Not enough sales to establish an adequate market trend.  The last 
established market was last week.  In Texas Panhandle, live sales sold at 126.00.  In 
Kansas live sales traded from 124.00-125.00.  In Nebraska, live sales sold from 
124.00-125.00, dressed sales selling from 194.00-196.00.  In Colorado, live sales 
traded at 125.00.  In the Western Cornbelt, live sales sold from 124.00-125.00, with 
dressed sales selling from 195.00-196.00.  


Negotiated sales:
Confirmed:       2,693            Week ago:    1,454          Year ago:    8,708
Week to Date:    5,264            Week ago:    7,755          Year ago:   10,929

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      195.00- 195.00avg 195.00      195.00- 195.00avg 195.00
65 - 80% Choice      195.00- 195.00avg 195.00      195.00- 195.00avg 195.00
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     195.00- 195.00avg 195.00      195.00- 195.00avg 195.00


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

Beef Type:                   Domestic:
Head count priced today:         6,500
Weighted avg weight:               881
Weighted avg net price:         196.68

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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