Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Mon, December 31, 2012    USDA Market News Service

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

   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.  In the Southern Plains live sales sold at 127.00.  In Nebraska, live sales 
sold at 127.00, with a few up to 127.50.  Dressed sales sold at 202.00, with a few 
up to 203.00.  Last week in Colorado, live sales sold from 127.00 to 127.50.  In the 
Western Cornbelt, live sales sold from 127.00-128.00.  Dressed sales sold mostly at 
202.00.  

Negotiated sales:
Confirmed:         708            Week ago:      690          Year ago:     None
Week to Date:      708            Week ago:      690          Year ago:     None

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      127.00- 127.00avg 127.00            -       avg
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     127.00- 127.00avg 127.00            -       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:        27,900
Weighted avg weight:               843
Weighted avg net price:         199.57

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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1. Ag markets posted mixed showing on Tuesday
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4. Another reason for adults to drink milk
5. Penn State Dairy Team schedules “Tools for Teams” webinars
6. Ag markets generally mixed again Tuesday morning

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3. Chocolate milk a top post-workout food
4. D.C. Watch: Farm bill progressing
5. April milk production up 0.3 percent
6. Class III futures close out quietly last week

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