Slaughter Cattle Review - Morning

LM_CT130
St. Joseph, MO    Tue, December 04, 2012    USDA Market News Service

Morning National Slaughter Cattle Review for Monday 12/3/2012

Monday trading was inactive on very light demand in all major feeding regions.
Not enough sales for a market trend. Last week in the Texas Panhandle live sales 
ranged from 126.00-128.00. In Kansas live sale sold at 125.00. In Nebraska live 
sales sold at 125.50 and dressed ranged from 199.00-202.00. In Colorado live sales 
sold at 125.50. In the Western Cornbelt live sale sold at 125.00 and dressed sales 
ranged from 198.00-202.00.

Negotiated sales:
Confirmed:       894    Week ago:            2,885    Year ago:              574
Wk to Date:      894    Week ago to Date:    2,885    Year ago to Date:      574

Negotiated, Formula and contract purchases delivered to packers today:
Today:        87,200    Week Ago:           86,500    Year Ago:           89,200
Wk to Date:   87,200    Week Ago to Date:   86,500    Year Ago to Date:   89,200

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        89,900    Week Ago:           95,400    Year Ago:           66,600
Wk to Date:   89,900    Week Ago to Date:   95,400    Year Ago to Date:   66,600

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      126.00- 126.00avg 126.00   126.00- 126.00avg 126.00
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     126.00- 126.00avg 126.00   126.00- 126.00avg 126.00

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 on previous reporting day for 
slaughtered cattle.

Beef Type:                   Domestic:
Head count priced today:        50,500
Weighted avg weight:               869
Weighted avg net price:         201.51


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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