Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Thu, December 26, 2013    USDA Market News Service

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

Thus far for Thursday, negotiated cash trade was at a standstill in the Southern and 
Northern Plains with trade mostly inactive on light demand in the Western Cornbelt. 
The latest established market was last week, with live sales at 130.00 in the 
Southern Plains. In Nebraska last week, live sales traded from 129.00-132.00 with 
the bulk of dressed sales at 208.00. In Colorado for the previous week, live sales 
sold at 131.00. In the Western Cornbelt last week, live sales traded mostly from 
130.00-131.00 with dressed sales mostly from 207.00-208.00.



Negotiated sales:
Confirmed:         522            Week ago:   22,037          Year ago:    1,576
Week to Date:    3,227            Week ago:   39,098          Year ago:    2,976

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      210.00-210.00 avg 210.00         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     210.00-210.00 avg 210.00         -       avg


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

Beef Type:                   Domestic:
Head count priced today:        27,700
Weighted avg weight:               845
Weighted avg net price:         210.51

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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