Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Thu, January 10, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Wednesday, 1/9/10

On Wednesday negotiated cash trade in the Texas Panhandle was mostly inactive on 
light demand.  Few early sales on Tuesday traded at 128.00.  Trading was limited in 
Kansas early Thursday with a large string selling at 201.00 dressed; the last 
established live market was 128.00 on Friday.  In Nebraska, trading was light on 
light demand with a few dresses sales trading at 205.00 on Tuesday. A few live sales 
sold at 127.00 with the last established market on Friday at 128.00 to 128.50.  In 
Colorado, trading was light on light demand with a few dressed sales at 205.00.  The 
last established live market was last Friday with sales selling from 128.00 to 
130.00.  In the Western Cornbelt trading was mostly inactive on light demand.  The 
last established market was last week, with live sales selling from 127.00 to 128.00 
and dressed sales at 205.00.  


Negotiated sales:
Confirmed:    14,475    Week ago:            1,261    Year ago:              653
Wk to Date:   29,614    Week ago to Date:    3,695    Year ago to Date:    2,324

Negotiated, Formula and contract purchases delivered to packers today:
Today:        80,700    Week Ago:           87,200    Year Ago:           77,800
Wk to Date:  255,500    Week Ago to Date:  146,300    Year Ago to Date:  246,000

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        95,500    Week Ago:          107,300    Year Ago:           44,100
Wk to Date:  283,800    Week Ago to Date:  161,300    Year Ago to Date:  166,700

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          127.00- 127.00avg 127.00
65 - 80% Choice      125.00- 127.00avg 125.79   127.00- 127.00avg 127.00
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     125.00- 127.00avg 125.79   127.00- 127.00avg 127.00

Dressed basis              Steers                     Heifers
Over 80% Choice      205.00- 205.00avg 205.00   205.00- 205.00avg 205.00
65 - 80% Choice      204.00- 205.00avg 204.93   204.00- 205.00avg 204.61
35 - 65% Choice      205.00- 205.00avg 205.00   201.00- 201.00avg 201.00
0 - 35% Choice             -       avg                -       avg
Total all grades     204.00- 205.00avg 204.95   201.00- 205.00avg 202.33

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

Beef Type:                   Domestic:
Head count priced today:        45,700
Weighted avg weight:               873
Weighted avg net price:         202.21


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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