Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Mon, January 14, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Friday, 1/11/13

On Friday, negotiated cash trade in the Texas Panhandle was light on light 
demand.  Compared to Thursday, live sale sold steady at 126.00.  In Kansas, 
trading was light on light demand.  Compared to Thursday, live sales sold steady 
at 125.00.  In Nebraska trading was light on light demand. Compared to last 
week, a few live sales sold 3.00 to 3.50 lower at 125.00 on a light test.  
Compared to Thursday, dressed sales sold steady from 201.00 to 203.00.  In 
Colorado, trading was mostly inactive on light demand.  Live sales on Thursday 
sold at 125.00 with dressed sales trading from 203.50 to 204.00.  In the Western 
Cornbelt, trading was light on light demand.  Compared to last week, live sales 
sold 2.00 to 4.00 lower at 125.00 on a light test.  Dressed sales compared to 
last week sold 2.00 to 3.00 lower from 202.00 to 205.00 on a light test.   


Negotiated sales:
Confirmed:    22,703    Week ago:           83,482    Year ago:          144,257
Wk to Date:   78,148    Week ago to Date:   88,325    Year ago to Date:  150,417

Negotiated, Formula and contract purchases delivered to packers today:
Today:        68,800    Week Ago:          127,000    Year Ago:           75,800
Wk to Date:  401,500    Week Ago to Date:  363,300    Year Ago to Date:  398,200

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:       108,500    Week Ago:          163,900    Year Ago:          198,300
Wk to Date:  470,900    Week Ago to Date:  406,400    Year Ago to Date:  393,200

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      125.00- 128.00avg 125.51   125.00- 125.00avg 125.00
65 - 80% Choice      125.00- 126.00avg 125.07   125.00- 126.00avg 125.63
35 - 65% Choice      125.00- 126.00avg 125.81   126.00- 126.00avg 126.00
0 - 35% Choice       126.00- 126.00avg 126.00   126.00- 126.00avg 126.00
Total all grades     125.00- 128.00avg 125.49   125.00- 126.00avg 125.25

Dressed basis              Steers                     Heifers
Over 80% Choice      201.00- 204.00avg 202.36   201.00- 203.00avg 202.63
65 - 80% Choice      201.00- 203.00avg 202.43   201.00- 203.00avg 202.27
35 - 65% Choice      201.00- 203.00avg 202.40   201.00- 201.00avg 201.00
0 - 35% Choice             -       avg                -       avg
Total all grades     201.00- 204.00avg 202.41   201.00- 203.00avg 202.08

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

Beef Type:                   Domestic:
Head count priced today:        21,900
Weighted avg weight:               846
Weighted avg net price:         200.68


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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