LM_CT131
St. Joseph, MO     Thu, July 09, 2009    USDA Market News Service

Afternoon National Slaughter Cattle Review for Thursday

Thus far for Thursday, moderate trading on good demand has occurred in Nebraska and 
in Iowa/MN trading has been moderate with moderate demand.  In Nebraska, compared to 
last week, dressed sales sold 2.00 lower at 129.00.  Not enough live sales activity, 
for Thursday, to fully establish an adequate market trend.  Last week live sales, in 
Nebraska, sold from 82.00-83.50.  In Iowa/MN, compared to last week live sales are 
selling 1.00 lower from 81.00-81.50 and dressed sales are selling 1.00 to 2.00 lower 
from 129.00-130.00.
So far for Thursday, in Kansas trading has been very slow on very light demand.  Not 
enough trading transactions for an adequate market trend.  Last week live sales sold 
at 83.00 and dressed sales sold at 130.50.  Trading activity in the Texas Panhandle 
and Colorado has been mostly inactive, thus far for Thursday.  Last week live sales 
sold at 83.50, in the Texas Panhandle and at 83.00 in Colorado.  Colorado dressed 
sales, last week, sold at 131.00. 

Negotiated sales:
Confirmed:      34,912            Week ago:   37,835          Year ago:    8,579
Week to Date:   54,351            Week ago:   41,493          Year ago:   22,548

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       81.00-82.00  avg 81.08        81.00-81.50  avg 81.05
65 - 80% Choice       80.50-81.50  avg 81.20        81.00-82.00  avg 81.58
35 - 65% Choice       81.00-82.00  avg 81.53        81.00-81.50  avg 81.42
0 - 35% Choice             -       avg                   -       avg
Total all grades      80.50-82.00  avg 81.30        81.00-82.00  avg 81.37

Dressed basis              Steers                        Heifers
Over 80% Choice      129.00-131.00 avg 129.46      129.00-131.00 avg 129.14
65 - 80% Choice      128.00-131.00 avg 129.26      129.00-129.00 avg 129.00
35 - 65% Choice      128.00-130.00 avg 129.53      129.00-130.00 avg 129.73
0 - 35% Choice             -       avg                   -       avg
Total all grades     128.00-131.00 avg 129.38      129.00-131.00 avg 129.21

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

Beef Type:                   Domestic:
Head count priced today:         9,700
Weighted avg weight:               796 
Weighted avg net price:         130.71

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  email:  stjoe.lgmn@usda.gov
www.ams.usda.gov/mnreports/lm_ct131.txt

1530c staff





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