Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Thu, November 15, 2012    USDA Market News Service

Morning National Slaughter Cattle Review for Wednesday,, 11/14/12

On Wednesday, negotiated cash trade was mostly inactive on very light demand in all 
major feeding regions.  Not enough sales to establish an adequate market trend.  The 
last established market was last week.  In Texas Panhandle, live sales sold at 
126.00.  In Kansas live sales traded from 124.00-125.00.  In Nebraska, live sales 
sold from 124.00-125.00, dressed sales selling from 194.00-196.00.  In Colorado, live 
sales traded at 125.00.  In the Western Cornbelt, live sales sold from 124.00-125.00, 
with dressed sales selling from 195.00-196.00.  


Negotiated sales:
Confirmed:       816    Week ago:            5,940    Year ago:              736
Wk to Date:    2,571    Week ago to Date:    6,301    Year ago to Date:    2,221

Negotiated, Formula and contract purchases delivered to packers today:
Today:        75,800    Week Ago:           79,200    Year Ago:           80,500
Wk to Date:  249,500    Week Ago to Date:  250,500    Year Ago to Date:  247,900

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        62,000    Week Ago:           73,700    Year Ago:           66,000
Wk to Date:  229,500    Week Ago to Date:  236,100    Year Ago to Date:  179,900

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      125.00- 125.00avg 125.00   123.00- 125.00avg 123.60
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     125.00- 125.00avg 125.00   123.00- 125.00avg 123.60

Dressed basis              Steers                     Heifers
Over 80% Choice      196.00- 196.00avg 196.00   196.00- 196.00avg 196.00
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     196.00- 196.00avg 196.00   196.00- 196.00avg 196.00

Formula purchases: prices established on previous reporting day for 
slaughtered cattle.

Beef Type:                   Domestic:
Head count priced today:        30,100
Weighted avg weight:               863
Weighted avg net price:         200.14


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





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