Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Thu, January 17, 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 Thursday

So far for Thursday trading has been limited on light demand in all major feeding 
regions. Not enough sales to fully establish an adequate market trend. Wednesday was 
the most recent market in the Southern and Northern Plains. In the Southern Plains 
live sales sold at 125.00. In Nebraska live sales sold from 123.00-125.00 and the 
bulk of dressed sales sold at 198.00. In Colorado live sales sold at 123.00. Last 
week in the Western Cornbelt saw live sales mostly at 125.00 and dressed sales from 
202.00-203.00.

Negotiated sales:
Confirmed:       6,467            Week ago:    6,780          Year ago:    1,219
Week to Date:   50,357            Week ago:   36,383          Year ago:    2,658

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      125.50- 125.50avg 125.50            -       avg
65 - 80% Choice      122.00- 122.00avg 122.00      123.50- 123.50avg 123.50
35 - 65% Choice      123.00- 123.00avg 123.00            -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     122.00- 125.50avg 122.77      123.50- 123.50avg 123.50

Dressed basis              Steers                        Heifers
Over 80% Choice      196.00- 197.50avg 196.93      195.00- 197.50avg 197.01
65 - 80% Choice      195.00- 197.00avg 195.44      195.00- 195.00avg 195.00
35 - 65% Choice            -       avg             196.00- 196.00avg 196.00
0 - 35% Choice             -       avg                   -       avg
Total all grades     195.00- 197.50avg 196.33      195.00- 197.50avg 196.67


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

Beef Type:                   Domestic:
Head count priced today:        11,700
Weighted avg weight:               815
Weighted avg net price:         198.69

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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