LM_CT130 St. Joseph, MO Fri, May 24, 2013 USDA Market News Service Morning National Slaughter Cattle Review for Thursday, 5/23/13 On Thursday, negotiated cash trade and demand in the Southern Plains was light. Live sales sold steady at 124.00 when compared to Wednesday. In Nebraska trading was light on light to moderate demand. Compared to last week, live sales sold 1.00-1.50 lower from 125.00-125.50 and dressed sales sold from unevenly steady from 200.00- 202.00. In Colorado, trading was light on light demand. Compared to last week, live sales sold 1.50-2.50 lower from 124.00-125.00 on a light test. In the Western Cornbelt, trading was light on light to moderate demand. Compared to last week, live sales sold steady to .50 lower from 124.00-125.00, and dressed sales sold fully steady from 198.00-202.00. Negotiated sales: Confirmed: 28,842 Week ago: 25,990 Year ago: 47,452 Wk to Date: 52,457 Week ago to Date: 35,822 Year ago to Date: 101,636 Negotiated, Formula and contract purchases delivered to packers today: Today: 82,700 Week Ago: 87,300 Year Ago: 85,300 Wk to Date: 343,100 Week Ago to Date: 347,500 Year Ago to Date: 354,200 Negotiated, Formula and contract commitments today: (generally for slaughter within 7 days) Today: 89,000 Week Ago: 61,800 Year Ago: 110,700 Wk to Date: 357,500 Week Ago to Date: 304,000 Year Ago to Date: 397,000 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 124.00-127.50 avg 125.06 124.00-126.00 avg 124.93 65 - 80% Choice 123.00-125.50 avg 124.62 124.00-125.50 avg 124.93 35 - 65% Choice 124.00-125.00 avg 124.04 122.00-124.00 avg 123.90 0 - 35% Choice - avg - avg Total all grades 123.00-127.50 avg 124.61 122.00-126.00 avg 124.38 Dressed basis Steers Heifers Over 80% Choice 198.50-202.00 avg 199.77 198.00-200.00 avg 199.42 65 - 80% Choice 198.00-202.00 avg 199.83 198.00-202.00 avg 200.57 35 - 65% Choice - avg - avg 0 - 35% Choice - avg - avg Total all grades 198.00-202.00 avg 199.82 198.00-202.00 avg 200.41 Formula purchases: prices established on previous reporting day for slaughtered cattle. Beef Type: Domestic: Head count priced today: 22,400 Weighted avg weight: 811 Weighted avg net price: 200.00 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 .