Afternoon National Slaughter Cattle Review

ST JOSEPH - Feb 4/16 - 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 Thursday
  So far for Thursday negotiated cash trading in the Texas Panhandle and Northern
Plains has been at a standstill. In Kansas and 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 on a light test and dressed sales
sold mostly at 210.00.
Negotiated sales:
Confirmed:         404            Week ago:      445          Year ago:    2,315
Week to Date:    1,956            Week ago:    2,229          Year ago:    6,541
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      134.00-134.00 avg 134.00         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     134.00-134.00 avg 134.00         -       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:        11,300
Weighted avg weight:               875
Weighted avg net price:         215.09
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

---

STAT News Service