Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Mon, January 28, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Friday, 1/25/13

On Friday, negotiated cash trade was mostly inactive in the Southern Plains.  Not 
enough for an adequate market trend.  The last established market was Wednesday, live 
sales sold at 122.00.  Trading in Nebraska was limited on light demand.  Not enough 
sales for an adequate market trend.  The last established market was Thursday with 
live sales trading from 122.00 to 124.50.  Dressed sales sold from 198.00 to 199.00.  
Trading in Colorado was mostly inactive. Not enough sales for an adequate market 
trend.  The last established market was on Wednesday with live sales trading at 
122.00. In the Western Cornbelt, trading was limited on light demand.  Not enough 
sales for an adequate market trend. That last established market was Thursday. Live 
sales sold from 123.00 to 124.00; instances up to 125.00.  Dressed sales sold from 
198.00 to 200.00.  


Negotiated sales:
Confirmed:     7,547    Week ago:           13,700    Year ago:           70,359
Wk to Date:  107,702    Week ago to Date:   68,065    Year ago to Date:   71,932

Negotiated, Formula and contract purchases delivered to packers today:
Today:        81,400    Week Ago:           66,900    Year Ago:           69,100
Wk to Date:  431,000    Week Ago to Date:  401,400    Year Ago to Date:  382,000

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        64,400    Week Ago:           55,500    Year Ago:          134,000
Wk to Date:  424,100    Week Ago to Date:  374,800    Year Ago to Date:  342,000

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- 126.00avg 125.22   123.50- 127.00avg 124.51
65 - 80% Choice      125.00- 126.00avg 125.19   124.00- 125.00avg 124.75
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     125.00- 126.00avg 125.21   123.50- 127.00avg 124.59

Dressed basis              Steers                     Heifers
Over 80% Choice      198.00- 200.00avg 199.14   197.00- 200.00avg 199.00
65 - 80% Choice      197.00- 200.00avg 199.78   197.00- 200.00avg 197.31
35 - 65% Choice            -       avg          199.00- 199.00avg 199.00
0 - 35% Choice             -       avg                -       avg
Total all grades     197.00- 200.00avg 199.32   197.00- 200.00avg 197.76

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

Beef Type:                   Domestic:
Head count priced today:        24,600
Weighted avg weight:               854
Weighted avg net price:         196.56


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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