Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Wed, January 16, 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 Tuesday, 1/15/2013

Tuesday trading in the Southern and Northern Plains was at a standstill. In the 
Western Cornbelt trading was inactive with very light demand. Not enough sales
for a market trend. Last week live sales sold from 126.00-128.00in 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:       785    Week ago:           14,499    Year ago:              368
Wk to Date:      923    Week ago to Date:   15,128    Year ago to Date:      942

Negotiated, Formula and contract purchases delivered to packers today:
Today:        86,400    Week Ago:           88,000    Year Ago:           80,600
Wk to Date:  174,500    Week Ago to Date:  174,800    Year Ago to Date:  170,600

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        86,700    Week Ago:           96,200    Year Ago:           67,000
Wk to Date:  169,800    Week Ago to Date:  188,200    Year Ago to Date:  132,500

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     S - Bee- Breedsavg                -       avg
35 - 65% Choice          Pr-     ceavg    Avg         -       avg
0 - 35% Choice           Ra-     geavg  Price         -       avg
Total all grades           -       avg                -       avg

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice     BASIS --Beef B avg                -       avg
35 - 65% Choice     Pr     -ce     avgAvg             -       avg
0 - 35% Choice      Ra     -ge     avgPrice           -       avg
Total all grades           -       avg                -       avg

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

Beef Type:                   Domestic:
Head count priced today:        52,800
Weighted avg weight:               872
Weighted avg net price:         204.36


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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