Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Fri, January 25, 2013    USDA Market News Service

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

Thus far on Thursday, negotiated cash trade in the Southern Plains is mostly 
inactive.  Not enough sales for an adequate market trend.  The last established 
market was Wednesday with live sales selling at 122.00.  In Nebraska, trading was 
limited on light demand.  Not enough sales to establish an adequate market trend.  
The last established market was Thursday.  Live sales sold from 122.00 to 124.50. 
Dressed sales sold from 198.00 to 199.00.  Trading in Colorado was mostly inactive.  
The last established market was on Wednesday when live sales sold at 122.00, with 
instances up to 122.50.  In the Western Cornbelt, trading was limited on light 
demand.  The last established market was Thursday. Live sales sold from 123.00 to 
124.00, instances of 125.00.  Dressed sales sold from 198.00 to 200.00.  


Negotiated sales:
Confirmed:       5,250            Week ago:    7,283          Year ago:    3,889
Week to Date:  105,342            Week ago:   61,648          Year ago:    5,462

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      125.00- 126.00avg 125.22      123.50- 124.00avg 123.79
65 - 80% Choice            -       avg             124.00- 124.00avg 124.00
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     125.00- 126.00avg 125.22      123.50- 124.00avg 123.82

Dressed basis              Steers                        Heifers
Over 80% Choice      198.00- 200.00avg 199.15      197.00- 200.00avg 199.00
65 - 80% Choice      197.00- 200.00avg 199.36      197.00- 198.00avg 197.13
35 - 65% Choice            -       avg             199.00- 199.00avg 199.00
0 - 35% Choice             -       avg                   -       avg
Total all grades     197.00- 200.00avg 199.18      197.00- 200.00avg 197.68


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

Beef Type:                   Domestic:
Head count priced today:         6,200
Weighted avg weight:               808
Weighted avg net price:         195.34

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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