Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Tue, July 02, 2013    USDA Market News Service

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

So far Tuesday trading has been inactive on very light demand in all feeding 
regions. Not enough sales for a market trend. Last week in the Southern Plains
live sales sold at 120.00. In Nebraska live sales sold from 120.00-121.50 and 
dressed  sales at 194.00. In Colorado live sales sold from 121.00-121.50. In the
Western Cornbelt live sales sold from 121.00-122.00 and dressed sales sold from 
191.00-194.00.

Negotiated sales:
Confirmed:         551            Week ago:      724          Year ago:      456
Week to Date:    1,088            Week ago:    1,579          Year ago:    1,069

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      122.00-122.00 avg 122.00         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     122.00-122.00 avg 122.00         -       avg

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:        24,400
Weighted avg weight:               857
Weighted avg net price:         191.33

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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