Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Wed, January 09, 2013    USDA Market News Service

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

Thus far on Wednesday, negotiated cash trade in Texas and Nebraska is light on light 
demand.  Compared to last week in Texas, early live sales sold steady at 128.00.  
Compared to last week in Nebraska, early dressed sales sold steady at 205.00.  In 
Kansas, Colorado, and the Western Cornbelt, trading is mostly inactive.  Not enough 
sales for an adequate market trend.  The last established market was last week.  In 
the Southern Plains, live sales sold at 128.00.  In Nebraska, live sales sold from 
128.00 to 128.50.  Dressed sales sold at 205.00.  Last week in Colorado, live sales 
sold from 128.00 to 130.00.  Last week in the Western Cornbelt, live sales sold from 
127.00 to 129.00.  Dressed sales sold at 205.00.  


Negotiated sales:
Confirmed:       3,432            Week ago:      409          Year ago:      258
Week to Date:   18,571            Week ago:    2,843          Year ago:    1,929

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      125.00- 127.00avg 125.79      127.00- 127.00avg 127.00
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     125.00- 127.00avg 125.79      127.00- 127.00avg 127.00

Dressed basis              Steers                        Heifers
Over 80% Choice      205.00- 205.00avg 205.00      205.00- 205.00avg 205.00
65 - 80% Choice      205.00- 205.00avg 205.00      205.00- 205.00avg 205.00
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     205.00- 205.00avg 205.00      205.00- 205.00avg 205.00


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

Beef Type:                   Domestic:
Head count priced today:        25,600
Weighted avg weight:               883
Weighted avg net price:         200.85

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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