Afternoon National Slaughter Cattle Review 2-15-2012
Afternoon National Slaughter Cattle Review as of 2:00 pm Wednesday
Thus far for Wednesday, negotiated cash trade was inactive on light demand in the Southern and Northern Plains as well as in the Western Cornbelt. Not enough sales in any region for an adequate market test. The latest established market was last week with live sales at 124.00 in the Texas Panhandle. Last week in Kansas, live sales traded at 123.00. For the previous week in the Northern Plains, live sales traded from 123.00-123.50 with dressed sales mostly at 197.00 in Nebraska. In the Western Cornbelt last week, live sales traded at 123.00 with dressed sales mostly at 198.00.
Negotiated sales:
Confirmed: 185 Week ago: 58 Year ago: 1,093
Week to Date: 2,218 Week ago: 2,401 Year ago: 4,264
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: 19,400
Weighted avg weight: 855
Weighted avg net price: 196.32
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.
