Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Wed, May 22, 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 Texas Panhandle and Colorado 
is at a limited on light demand; however some voluntary sources have indicated 
that a few live sales in the Texas Panhandle have sold at 124.00. Trading in 
Kansas, Nebraska, and the Western Cornbelt is limited on very light demand. Not 
enough sales to establish a market trend. The last established market was last 
week. In the Texas Panhandle live sale sold at 125.00 with live sales in Kansas 
trading from 125.00-125.50. In the Northern Plains, live sales sold at 126.50, 
with dressed sales in Nebraska at 201.00. In the Western Cornbelt, live sales 
sold from 124.00-125.50 and dressed sales from 198.00-202.00. 

Negotiated sales:
Confirmed:       1,950            Week ago:    2,347          Year ago:   40,430
Week to Date:    3,938            Week ago:    5,526          Year ago:   43,551

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

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice            -       avg          200.00-200.00 avg 200.00
35 - 65% Choice            -       avg          195.00-195.00 avg 195.00
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg          195.00-200.00 avg 195.19


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

Beef Type:                   Domestic:
Head count priced today:        13,000
Weighted avg weight:               836
Weighted avg net price:         202.46

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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