LM_CT131
St. Joseph, MO    Fri, May 17, 2013    USDA Market News Service

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

Trade in the Texas Panhandle on Friday was limited on light demand. The last
established market was Thursday with live sales at 125.00. Trading in Kansas
is moderate to active on moderate demand Friday afternoon. Compared to last week,
live sales are .50-1.00 lower at 125.00-125.50.  Trading and demand in the
Northern Plains and Western Cornbelt has been light. In Nebraska, a few early live
sales sold at 125.50. Compared to last week early dressed sales sold steady to 2.00
lower from 200.00-202.00. In Colorado few live sales are 1.50 lower than last week
at 125.00. In the Western Cornbelt, a few early live sales sold at 125.00, and
dressed sales when compared to last week sold 2.00-5.00 lower form 198.00-202.00.   

Negotiated sales:
Confirmed:      19,354            Week ago:    8,432          Year ago:   13,742
Week to Date:   55,134            Week ago:   70,322          Year ago:   23,690

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      126.00-128.00 avg 126.76   127.00-127.00 avg 127.00
65 - 80% Choice      125.00-125.50 avg 125.09   124.00-125.50 avg 125.07
35 - 65% Choice      125.00-126.00 avg 125.19   125.00-125.50 avg 125.11
0 - 35% Choice             -       avg                -       avg
Total all grades     125.00-128.00 avg 125.29   124.00-127.00 avg 125.14

Dressed basis              Steers                     Heifers
Over 80% Choice      199.00-203.00 avg 201.24   202.00-203.00 avg 202.13
65 - 80% Choice      198.00-202.00 avg 201.03   201.00-202.00 avg 201.57
35 - 65% Choice      195.50-202.00 avg 199.92   195.50-202.00 avg 196.41
0 - 35% Choice       195.50-195.50 avg 195.50         -       avg
Total all grades     195.50-203.00 avg 200.85   195.50-203.00 avg 199.52


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

Beef Type:                   Domestic:
Head count priced today:        12,000
Weighted avg weight:               811
Weighted avg net price:         200.67

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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