Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Wed, January 23, 2013    USDA Market News Service

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

Thus far on Wednesday, negotiated cash trade in the Southern Plains has been light on 
light to moderate demand.  In the Texas Panhandle, compared to last week live sales 
sold 3.00 lower at 122.00.  In Kansas, compared to last week live sales sold 1.00 to 
3.00 lower at 122.00.  In Nebraska, trading has been light on light demand, with a 
few early sales at 122.00.  In Colorado, trading is moderate on moderate demand.  
Compared to last week, live sales sold mostly 1.00 lower at 122.00, with a few up to 
122.50. In the Western Cornbelt, trading was mostly inactive.  Not enough sales for 
an adequate market trend.  The last established market was last week with live sales 
selling at 122.00 on a light test.  Dressed sales sold from 195.00 to 198.00 on a 
light test.    

Negotiated sales:
Confirmed:      11,700            Week ago:   19,432          Year ago:      306
Week to Date:   12,974            Week ago:   20,355          Year ago:      958

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      122.00- 122.00avg 122.00      122.00- 122.50avg 122.30
65 - 80% Choice      122.00- 122.50avg 122.05      122.00- 122.00avg 122.00
35 - 65% Choice      122.00- 122.00avg 122.00      122.00- 122.50avg 122.01
0 - 35% Choice             -       avg                   -       avg
Total all grades     122.00- 122.50avg 122.01      122.00- 122.50avg 122.07

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:        12,600
Weighted avg weight:               868
Weighted avg net price:         201.06

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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