Afternoon National Slaughter Cattle Review

ST JOSEPH - Feb 3/16 - SNS -- Afternoon market conditions and values for slaughter cattle on a live and dressed basis in the United States.

Afternoon National Slaughter Cattle Review as of 2:00 pm Wednesday
  So far for Wednesday trading in the Southern and Northern Plains has been at a
standstill. In the Western Cornbelt trading has been mostly inactive on very light
demand. Not enough sales for a market trended. Last week live sales in the Southern
Plains sold at 138.00. In Nebraska live sales sold from 135.00-138.00 and dressed
sales sold mostly at 210.00. In Colorado a very light test of live sales sold at
135.00 for the previous week. In the Western Cornbelt a light test of live sales
sold from 131.00-134.00 and dressed sales sold mostly at 210.00.
Negotiated sales:
Confirmed:         311            Week ago:       75          Year ago:      680
Week to Date:    1,179            Week ago:    1,367          Year ago:    2,590
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      132.00-132.00 avg 132.00         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     132.00-132.00 avg 132.00         -       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:         9,800
Weighted avg weight:               871
Weighted avg net price:         214.96
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

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STAT News Service