Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Wed, January 16, 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 Wednesday

So far for Wednesday in the Southern Plains and Nebraska trading has been slow 
on 
light demand. Compared to last week in the Texas Panhandle live sales have sold 
1.00 
to 3.00 lower, in Kansas live sales sold have sold 1.00 lower, at 125.00, 
respectively in 
both feeding regions. In Nebraska live sales has sold 1.00 to 2.00 lower from 
124.00 
to 125.00 when compared to the prior week. Dressed sales last week sold from 
202.00 
to 205.00. In Colorado and the Western Cornbelt trading has been mostly inactive 
on 
very light demand for Wednesday. Last week in Colorado live sales sold from 
125.00 to 
125.50 and dressed sales sold from 203.00 to 205.00. In the Western Cornbelt 
live 
sales sold mostly at 125.00 and dressed sales sold from 202.00 to 203.00.

Negotiated sales:
Confirmed:      19,432            Week ago:    3,432          Year ago:      260
Week to Date:   20,355            Week ago:   18,560          Year ago:    1,202

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      123.50- 124.00avg 123.78      124.00- 124.00avg 124.00
65 - 80% Choice      124.00- 125.00avg 124.51      124.00- 125.00avg 124.55
35 - 65% Choice      124.00- 125.00avg 124.99      124.50- 125.00avg 124.97
0 - 35% Choice       125.00- 125.00avg 125.00            -       avg
Total all grades     123.50- 125.00avg 124.75      124.00- 125.00avg 124.69

Dressed basis              Steers                        Heifers
Over 80% Choice      203.00- 203.00avg 203.00            -       avg
65 - 80% Choice            -       avg             198.00- 199.00avg 198.50
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     203.00- 203.00avg 203.00      198.00- 199.00avg 198.50


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

Beef Type:                   Domestic:
Head count priced today:        12,900
Weighted avg weight:               875
Weighted avg net price:         205.22

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. Workshop to discuss nutrient application, management, stewardship
2. Help for flood affected farmers
3. Ag markets diverged significantly Friday afternoon
4. Vilsack: Food, Farm and Jobs Bill critical for U.S. producers
5. Ag markets decidedly mixed on Friday morning
6. Dairy among best snacks for diabetics

1. Beware of the soy milk after-taste face
2. Monsters love milk, too
3. What sick day? Farmers take just three a year
4. Salma Hayek: Milk part of 'perfect' breakfast
5. Activists at the door
6. IDFA: Opposition to Dairy Supply Management mounts

1. Analysis: Dairy Security Act better for farmers, taxpayers
2. IDFA: Opposition to Dairy Supply Management mounts
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Buffet concerned about soil and starvation
6. Cold spring stunts upper Midwest hay crop