Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Fri, April 05, 2013    USDA Market News Service

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

Thus far on Friday, negotiated cash trade was limited on light demand in all major 
feeding regions. Not enough sales to establish an adequate market trend.  The last 
established market in the Southern Plains was on Wednesday with live sales selling at 
128.00.  In Nebraska, on Wednesday live sales sold at 129.00. On Thursday, dressed 
sales sold from 204.00-205.00.  In Colorado, live sales on Wednesday sold at 129.00. 
In the Western Cornbelt, on Thursday, live sales sold from 128.00-129.00 with dressed 
sales sold from 204.00-205.00.   

Negotiated sales:
Confirmed:       3,549            Week ago:      459          Year ago:    1,205
Week to Date:  114,896            Week ago:  113,591          Year ago:   85,015

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      127.00-127.00 avg 127.00         -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     127.00-127.00 avg 127.00         -       avg

Dressed basis              Steers                     Heifers
Over 80% Choice      204.00-204.00 avg 204.00         -       avg
65 - 80% Choice      202.00-202.00 avg 202.00   203.00-203.00 avg 203.00
35 - 65% Choice      203.00-203.00 avg 203.00   203.00-203.00 avg 203.00
0 - 35% Choice       203.00-203.00 avg 203.00         -       avg
Total all grades     202.00-204.00 avg 203.24   203.00-203.00 avg 203.00


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

Beef Type:                   Domestic:
Head count priced today:         7,700
Weighted avg weight:               836
Weighted avg net price:         200.73

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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