Slaughter Cattle Review - Morning

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

LM_CT130
St. Joseph, MO    Thu, May 03, 2012    USDA Market News Service

Morning National Slaughter Cattle Review for Wednesday, 5/2/2012

Wednesday trading in the Texas Panhandle and Colorado was at a standstill. In 
Kansas, Nebraska and the Western Cornbelt trading was limited on very light 
demand. Not enough sales to fully establish a market trend. Last week in the 
Texas Panhandle live sales sold at 119.00. In Kansas live sales sold mostly at
120.00. In Nebraska live sales sold from 120.00-122.00 and dressed mostly at 
194.00. In Colorado live sales sold from 120.00-121.00. In the Western Cornbelt
live and dressed sales sold with a light test at 120.00 and 194.00, respectively.

Negotiated sales:
Confirmed:    10,027    Week ago:            2,617    Year ago:           15,241
Wk to Date:   13,323    Week ago to Date:    8,120    Year ago to Date:  149,833

Negotiated, Formula and contract purchases delivered to packers today:
Today:        85,400    Week Ago:           83,000    Year Ago:           92,800
Wk to Date:  268,900    Week Ago to Date:  268,800    Year Ago to Date:  284,300

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        60,700    Week Ago:           60,400    Year Ago:           73,700
Wk to Date:  244,500    Week Ago to Date:  230,000    Year Ago to Date:  392,900

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      120.00- 121.00avg 120.28   120.00- 120.00avg 120.00
65 - 80% Choice      119.00- 120.00avg 119.28   116.00- 120.00avg 118.15
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     119.00- 121.00avg 119.62   116.00- 120.00avg 118.47

Dressed basis              Steers                     Heifers
Over 80% Choice      190.00- 190.00avg 190.00   190.00- 191.00avg 190.75
65 - 80% Choice      188.00- 191.00avg 190.26   188.00- 193.00avg 190.80
35 - 65% Choice            -       avg          192.00- 192.00avg 192.00
0 - 35% Choice             -       avg                -       avg
Total all grades     188.00- 191.00avg 190.25   188.00- 193.00avg 190.91

Formula purchases: prices established on previous reporting day for 
slaughtered cattle.

Beef Type:                   Domestic:
Head count priced today:        39,000
Weighted avg weight:               833
Weighted avg net price:         194.44


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_ct130.txt

1100c  staff





.



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


Biotal Forage Inoculants

"Biotal offers a range of forage inoculants proven to help win the battle to preserve feed quality and value. Call ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Leads to Insight