Slaughter Cattle Review - Morning

LM_CT130
St. Joseph, MO    Thu, January 31, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Wednesday, 1/30/13

Wednesday in the Texas Panhandle trading was slow to moderate with light to moderate
demand. In Kansas trading and demand were moderate. Compared to last week, in both
regions, live sales sold 3.00 higher at 125.00. In Nebraska trading was at a stand-
still. Last week live sales sold from 122.00-124.00 and dressed sales sold mostly
at 198.00. Wednesday in Colorado and the Western Cornbelt trading was mostly inactive 
on light demand. Not enough sales for a market trend. In Colorado last week live 
sales sold at 122.00. In the Western Cornbelt last week live sales sold from 1223.00-
124.00 and dressed sales sold from 198.00-200.00.

Negotiated sales:
Confirmed:    24,018    Week ago:           29,662    Year ago:              764
Wk to Date:   24,905    Week ago to Date:   30,936    Year ago to Date:    2,567

Negotiated, Formula and contract purchases delivered to packers today:
Today:        86,600    Week Ago:           89,000    Year Ago:           77,200
Wk to Date:  259,400    Week Ago to Date:  264,200    Year Ago to Date:  235,000

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:       101,500    Week Ago:           95,700    Year Ago:           46,600
Wk to Date:  240,300    Week Ago to Date:  256,000    Year Ago to Date:  179,100

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- 125.00avg 125.00   125.00- 125.00avg 125.00
65 - 80% Choice      125.00- 125.00avg 125.00   125.00- 125.00avg 125.00
35 - 65% Choice      123.00- 125.00avg 124.95   124.00- 125.00avg 124.99
0 - 35% Choice       125.00- 125.00avg 125.00         -       avg
Total all grades     123.00- 125.00avg 124.96   124.00- 125.00avg 124.99

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice      197.00- 197.00avg 197.00   197.00- 197.00avg 197.00
35 - 65% Choice      197.00- 197.00avg 197.00   197.00- 197.00avg 197.00
0 - 35% Choice             -       avg                -       avg
Total all grades     197.00- 197.00avg 197.00   197.00- 197.00avg 197.00

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

Beef Type:                   Domestic:
Head count priced today:        26,800
Weighted avg weight:               865
Weighted avg net price:         197.50


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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5. Ag markets decidedly mixed on Friday morning
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3. What sick day? Farmers take just three a year
4. Salma Hayek: Milk part of 'perfect' breakfast
5. Activists at the door
6. IDFA: Opposition to Dairy Supply Management mounts

1. Analysis: Dairy Security Act better for farmers, taxpayers
2. IDFA: Opposition to Dairy Supply Management mounts
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
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6. Cold spring stunts upper Midwest hay crop