Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Tue, January 15, 2013    USDA Market News Service

***This report will not be released on Monday, January 21, 2013 as our offices 
will be closed in observance of the Martin Luther King, Jr. Holiday.  This 
report will be released on Tuesday, January 22.  If you have any questions or 
concerns, please contact us at mpr.lgmn@ams.usda.gov.***

Morning National Slaughter Cattle Review for Monday, 1/14/2013

  Monday saw trading inactive with very light demand in all major feeding regions.
Not enough sales for a market trend. Last week live sales sold from 126.00-128.00
in the Texas Panhandle. In Kansas live sales sold at 126.00. In Nebraska live sales
sold from 125.00-127.00 and dressed sales sold from 202.00-205.00. In Colorado live
sales sold from 125.00-125.50 and dressed sales sold from 203.00-205.00. In the
Western Cornbelt live sales sold mostly at 125.00 and dressed sales sold from 202.00-
203.00.

Negotiated sales:
Confirmed:       138    Week ago:              629    Year ago:              574
Wk to Date:      138    Week ago to Date:      629    Year ago to Date:      574

Negotiated, Formula and contract purchases delivered to packers today:
Today:        88,000    Week Ago:           86,900    Year Ago:           90,000
Wk to Date:   88,000    Week Ago to Date:   86,900    Year Ago to Date:   90,000

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        83,100    Week Ago:           92,100    Year Ago:           65,400
Wk to Date:   83,100    Week Ago to Date:   92,100    Year Ago to Date:   65,400

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          201.00- 201.00avg 201.00
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg          201.00- 201.00avg 201.00

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

Beef Type:                   Domestic:
Head count priced today:        47,000
Weighted avg weight:               858
Weighted avg net price:         204.57


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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