Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Mon, December 10, 2012    USDA Market News Service

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

Thus far on Monday, negotiated cash trade was mostly inactive in all major 
feeding regions.  Not enough sales to establish a market trend.  The last 
established market was last week.  Last week, in the Texas Panhandle live sales 
sold at 124.00.   In Kansas, live sales sold at 124.00.  The previous week, in 
Nebraska live sales sold from 123.00-124.00.  Dressed sales sold at 197.00, with 
a few at 198.00.  In Colorado, live sales sold from 123.00 to 123.50.  The 
prior week, in the Western Cornbelt, live sales sold from 123.00 to 124.00.  
Dressed sales sold from 196.00 to 198.00.  


Negotiated sales:
Confirmed:         342            Week ago:      683          Year ago:    6,232
Week to Date:      342            Week ago:      683          Year ago:    6,232

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             197.00- 197.00avg 197.00
65 - 80% Choice            -       avg             197.00- 197.00avg 197.00
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades           -       avg             197.00- 197.00avg 197.00


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

Beef Type:                   Domestic:
Head count priced today:        30,100
Weighted avg weight:               858
Weighted avg net price:         199.11

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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