Slaughter Cattle Review - Morning

LM_CT130
St. Joseph, MO    Tue, January 08, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 1/8/13

On Monday, negotiated cash trade was mostly inactive in all major feeding 
regions.  Not enough sales for an adequate market trend.  The last established 
market was last week.  In the Southern Plains, live sales sold at 128.00.  In 
Nebraska, live sales sold from 128.00 to 128.50.  Dressed sales sold at 205.00.  
Last week in Colorado, live sales sold from 128.00 to 130.00.  In the Western 
Cornbelt, live sales sold from 127.00 to 129.00.  Dressed sales sold at 205.00. 


Negotiated sales:
Confirmed:       640    Week ago:              708    Year ago:              942
Wk to Date:      640    Week ago to Date:      708    Year ago to Date:      942

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            -       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      205.00- 205.00avg 205.00         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     205.00- 205.00avg 205.00         -       avg

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

Beef Type:                   Domestic:
Head count priced today:        49,600
Weighted avg weight:               865
Weighted avg net price:         201.32


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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