Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Wed, January 02, 2013    USDA Market News Service

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

On Wednesday, negotiated cash trade was mostly inactive in all major feeding 
regions.  Not enough sales to establish and adequate 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 at 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 to 128.00.  Dressed sales sold at 202.00, with a few up to 203.00.  


Negotiated sales:
Confirmed:         409            Week ago:       72          Year ago:      782
Week to Date:    2,843            Week ago:      882          Year ago:    1,452

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:        23,000
Weighted avg weight:               873
Weighted avg net price:         199.77

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





.

1. Ag markets posted mixed showing on Tuesday
2. Plains storms cause minor harm to Oklahoma/Kansas wheat
3. Chocolate milk a top post-workout food
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

1. 4 rules for growing a business or industry
2. D.C. Watch: Farm bill progressing
3. April milk production up 0.3 percent
4. Class III futures close out quietly last week
5. Seven jobs more dangerous than farming
6. Corn market reacted poorly to the Crop Progress data

1. Commentary: Slanting the statistics
2. World food supply depends on character, virtuous leadership
3. Buffet concerned about soil and starvation
4. Cold spring stunts upper Midwest hay crop
5. N.M. rancher charged with 43 counts of animal cruelty
6. 2014 Farm Bill: Are we near an agreement?