Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Wed, November 21, 2012    USDA Market News Service

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

Thus far for Wednesday, negotiated cash trade was inactive on light to moderate 
demand in the Southern Plains and Colorado. In Nebraska and the Western Cornbelt 
trade was limited on moderate demand. Not enough sales in any feeding region for an 
adequate market test. The latest established market in the Texas Panhandle was last 
week with live sales at 126.00. In Kansas for the previous week, live sales traded at 
125.00. In Nebraska last week, live sales traded from 125.00-126.00 with dressed 
sales from 196.00-197.00. In Colorado for the prior week, live sales traded at 
126.00. In the Western Cornbelt last week, live sales traded at 125.00 with dressed 
sales from 195.00-196.00.


Negotiated sales:
Confirmed:       5,370            Week ago:      114          Year ago:  125,008
Week to Date:    7,796            Week ago:    1,869          Year ago:  129,266

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                   -       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:        21,200
Weighted avg weight:               862
Weighted avg net price:         198.89

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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