Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Mon, January 14, 2013    USDA Market News Service

***This report will not be released on Monday, January 21, 2013 as our offices 
will be closed in observance of the Martin Luther King, Jr. Holiday.  This 
report will be released on Tuesday, January 22.  If you have any questions or 
concerns, please contact us at mpr.lgmn@ams.usda.gov.***

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

Thus far on Monday, negotiated cash trade was mostly in active in all major 
feeding 
regions.  Not enough sales for an adequate market trend.  The last established 
market 
was last week.  In the Texas Panhandle, live sales sold from 126.00 to 128.00.  
In 
Kansas, live sales sold at 126.00.  In Nebraska last week, live sales sold from 
125.00 to 127.00.  Dressed sales traded from 202.00 to 205.00.  In Colorado, 
live 
sales sold from 125.00 to 125.50, with dressed sales selling from 203.00 to 
205.00. 
Last week in the Western Cornbelt, live sales sold mostly at 125.00, with 
instances 
up to 128.00. Dressed sales sold from 202.00 to 203.00.  


Negotiated sales:
Confirmed:          69            Week ago:      309          Year ago:      377
Week to Date:       69            Week ago:      309          Year ago:      377

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             201.00- 201.00avg 201.00
65 - 80% Choice            -       avg                   -       avg
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades           -       avg             201.00- 201.00avg 201.00


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

Beef Type:                   Domestic:
Head count priced today:        30,600
Weighted avg weight:               848
Weighted avg net price:         204.68

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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