Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Fri, May 03, 2013    USDA Market News Service

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

So far for Friday trading has been mostly inactive on light demand in all major 
feeding regions. Not enough sales for a market trend. In the Southern Plains on 
Wednesday live sales sold at 128.00, with a few in Kansas at 129.00. In Nebraska on 
Wednesday live sales sold from 128.50 to 130.50 and dressed sales on Thursday sold 
from 206.00 to mostly 207.00. In Colorado on Wednesday live sales sold from 130.00 to 
131.00. In the Western Cornbelt on Thursday live sales sold from 128.50 to 130.00 and 
dressed sales sold from 205.00 to 207.00 mostly at 206.00.

Negotiated sales:
Confirmed:       2,090            Week ago:   55,143          Year ago:   21,356
Week to Date:  115,996            Week ago:   78,678          Year ago:   45,488

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          129.00-129.00 avg 129.00
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg          129.00-129.00 avg 129.00

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice      206.00-207.00 avg 206.31   206.00-207.00 avg 206.08
35 - 65% Choice      206.00-206.00 avg 206.00         -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     206.00-207.00 avg 206.21   206.00-207.00 avg 206.08


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

Beef Type:                   Domestic:
Head count priced today:        13,100
Weighted avg weight:               816
Weighted avg net price:         202.57

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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