Slaughter Cattle Review - Morning

LM_CT130
St. Joseph, MO    Wed, January 23, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Tuesday, 1/22/13

On Tuesday, negotiated cash trade was mostly inactive in all major feeding 
regions.  Not enough sales for an adequate market trend.  The last established 
market was 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 to 125.00, with dressed sales mostly at 198.00.  In Colorado, live 
sales sold at 123.00.  In the Western Cornbelt, live sales sold at 122.00 on a 
light test.  Dressed sales sold from 195.00 to 198.00 on a light test.  

Negotiated sales:
Confirmed:       386    Week ago:              785    Year ago:              519
Wk to Date:    1,274    Week ago to Date:      923    Year ago to Date:      652

Negotiated, Formula and contract purchases delivered to packers today:
Today:        88,400    Week Ago:           86,400    Year Ago:           83,500
Wk to Date:  175,200    Week Ago to Date:  174,500    Year Ago to Date:  165,400

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        67,500    Week Ago:           86,700    Year Ago:           72,600
Wk to Date:  160,300    Week Ago to Date:  169,800    Year Ago to Date:  136,500

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            -       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                -       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:        31,300
Weighted avg weight:               869
Weighted avg net price:         202.56


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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6. IDFA: Opposition to Dairy Supply Management mounts

1. Analysis: Dairy Security Act better for farmers, taxpayers
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