Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Thu, December 27, 2012    USDA Market News Service

Morning National Slaughter Cattle Review for Wednesday, 12/26/2012

Wednesday trading of negotiated cash beef types was at a standstill. Last week in 
the Southern Plains, Nebraska and Western Cornbelt saw live sales at 126.00, with 
a few in Nebraska up to 127.00. In Colorado live sales sold at 127.00. Dressed 
sales in Nebraska and the Western Cornbelt sold mostly at 200.00 with a few up to 
202.00.

Negotiated sales:
Confirmed:       590    Week ago:            1,116    Year ago:            1,783
Wk to Date:    1,400    Week ago to Date:    2,541    Year ago to Date:    2,303

Negotiated, Formula and contract purchases delivered to packers today:
Today:        95,600    Week Ago:           88,300    Year Ago:           66,600
Wk to Date:  124,900    Week Ago to Date:  241,800    Year Ago to Date:  155,100

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:       104,700    Week Ago:           56,800    Year Ago:           32,500
Wk to Date:  177,400    Week Ago to Date:  195,600    Year Ago to Date:  102,400

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                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg                -       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 on previous reporting day for 
slaughtered cattle.

Beef Type:                   Domestic:
Head count priced today:        48,700
Weighted avg weight:               868
Weighted avg net price:         197.81


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

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