Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Mon, January 07, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Friday 1/4/13

On Friday, negotiated cash trade and demand was light to moderate in the
Southern Plains. Compared to last week, live sales sold 1.00 higher at 128.00.
Trading and demand was moderate in the Northern Plains, and the Western Cornbelt.
Compared to the previous week, in Nebraska live sales were 1.00 higher at 128.00,
with dressed sales 2.00 to 3.00 higher at 205.00. In Colorado, live sales sold
1.00 to 2.50 higher at 128.00-130.00.  Compared to the prior week, in the Western
Cornbelt, live sales sold steady to 1.00 higher at 127.00-129.00 with dressed
sales 2.00 to 3.00 higher at 205.00.    

Negotiated sales:
Confirmed:    83,482    Week ago:           75,661    Year ago:          113,129
Wk to Date:   88,325    Week ago to Date:   82,478    Year ago to Date:  130,610

Negotiated, Formula and contract purchases delivered to packers today:
Today:       127,000    Week Ago:          125,300    Year Ago:           83,600
Wk to Date:  363,300    Week Ago to Date:  354,700    Year Ago to Date:  323,300

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:       163,900    Week Ago:          194,000    Year Ago:          188,500
Wk to Date:  406,400    Week Ago to Date:  443,200    Year Ago to Date:  387,200

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      127.75- 130.00avg 128.61   127.00- 130.00avg 128.82
65 - 80% Choice      126.00- 129.50avg 128.16   127.00- 128.50avg 128.09
35 - 65% Choice      128.00- 128.50avg 128.02   128.00- 128.00avg 128.00
0 - 35% Choice       128.00- 128.00avg 128.00         -       avg
Total all grades     126.00- 130.00avg 128.20   127.00- 130.00avg 128.19

Dressed basis              Steers                     Heifers
Over 80% Choice      205.00- 206.00avg 205.12   204.00- 205.00avg 204.99
65 - 80% Choice      204.00- 205.50avg 204.99   203.00- 205.00avg 204.93
35 - 65% Choice      204.00- 205.00avg 204.99   205.00- 205.00avg 205.00
0 - 35% Choice             -       avg                -       avg
Total all grades     204.00- 206.00avg 205.02   203.00- 205.00avg 204.96

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

Beef Type:                   Domestic:
Head count priced today:        33,600
Weighted avg weight:               828
Weighted avg net price:         200.54


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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