Slaughter Cattle Review - Morning

LM_CT130
St. Joseph, MO    Fri, December 07, 2012    USDA Market News Service

Morning National Slaughter Cattle Review for Thursday, 12/6/2012

Thursday trading in the Southern Plains and Colorado was at a standstill. In
Nebraska and the Western Cornbelt trading was limited on very light demand.
Not enough sales for a market trend. The latest established market was last 
week with live sales in the Texas Panhandle from 126.00-128.00. In Kansas live
sale sold at 125.00. In the Northern Plains live sales sold at 125.50 with 
dressed sales from 199.00-202.00 in Nebraska. In the Western Cornbelt live sale
sold at 125.00 and dressed sales ranged from 198.00-202.00.

Negotiated sales:
Confirmed:     2,673    Week ago:            8,481    Year ago:            6,701
Wk to Date:    7,528    Week ago to Date:   16,224    Year ago to Date:   12,961

Negotiated, Formula and contract purchases delivered to packers today:
Today:        79,800    Week Ago:           84,900    Year Ago:           76,000
Wk to Date:  332,500    Week Ago to Date:  339,700    Year Ago to Date:  325,400

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        28,800    Week Ago:           57,400    Year Ago:           39,100
Wk to Date:  269,300    Week Ago to Date:  317,200    Year Ago to Date:  232,500

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          124.00- 124.00avg 124.00
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg          124.00- 124.00avg 124.00

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg          196.00- 197.00avg 196.93
65 - 80% Choice      196.00- 196.00avg 196.00   196.00- 196.00avg 196.00
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     196.00- 196.00avg 196.00   196.00- 197.00avg 196.39

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

Beef Type:                   Domestic:
Head count priced today:        25,300
Weighted avg weight:               857
Weighted avg net price:         199.06


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





.

1. Are drones protected by the First Amendment?
2. Ground beef recalled due to possible E. coli contamination
3. Ag markets moved generally higher Wednesday
4. Repainting “American Gothic:” Number of women farming triples
5. U.S. milk production rose 0.8% in May
6. India: Milk’s new horizon

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. Chobani pushes back against UK Greek yogurt ban
3. Ranching music video goes viral
4. Uncertainty hangs over milk futures market
5. WASDE: Corn price outlook lowered
6. Cattle crush Calif. dairy worker

1. USDA report shows continued adoption of no-till
2. Finding the comedy in ag-gag
3. Expert offers tips to reduce hay-drying time
4. Commentary: Ag must resist HSUS 'divide and conquer' strategy
5. Chobani pushes back against UK Greek yogurt ban
6. Will Smith dethroned in latest Peterson Farm Bros. parody