Slaughter Cattle Review - Morning

LM_CT130
St. Joseph, MO    Tue, January 22, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 1/21/13

Monday trading was inactive on very light demand in all major feeding regions.
Not enough sales for a market trend. Last week in the Texas Panhandle live sales
sold mostly at 125.00. In Kansas live sales sold from 123.00-125.00. In Nebraska
live sales sold from 123.00-125.00 and dressed sales mostly at 198.00. In Colorado
live sales sold at 123.00. In the Western Cornbelt live sales sold at 122.00 and
dressed sales from 195.00-198.00 on a light test of both.

Negotiated sales:
Confirmed:       888    Week ago:              138    Year ago:              133
Wk to Date:      888    Week ago to Date:      138    Year ago to Date:      133

Negotiated, Formula and contract purchases delivered to packers today:
Today:        86,900    Week Ago:           88,000    Year Ago:           81,800
Wk to Date:   86,900    Week Ago to Date:   88,000    Year Ago to Date:   81,800

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        92,800    Week Ago:           83,100    Year Ago:           63,800
Wk to Date:   92,800    Week Ago to Date:   83,100    Year Ago to Date:   63,800

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          124.00- 124.00avg 124.00
Total all grades           -       avg                -       avg

Dressed 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

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

Beef Type:                   Domestic:
Head count priced today:        63,000
Weighted avg weight:               859
Weighted avg net price:         201.95


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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