Slaughter Cattle Review - Morning

LM_CT130
St. Joseph, MO    Thu, February 07, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Wednesday, 2/6/13

On Wednesday, negotiated cash trade was at a standstill in the Southern and Northern 
Plains.  Trading in the Western Cornbelt was limited on very light demand.  Not 
enough sales for an adequate market trend.  The last established market was last 
week. In the Southern Plains live sales sold at 125.00.  In Nebraska, live sales sold 
from 125.00 to 126.00.  Dressed sales sold mostly at 202.00.  Last week in Colorado, 
live sales sold at 125.00.  In the Western Cornbelt last week, live sales sold from 
125.00 to 127.00.  Dressed sales sold from 200.00 to 202.00.  

Negotiated sales:
Confirmed:     1,691    Week ago:           24,018    Year ago:              554
Wk to Date:    3,578    Week ago to Date:   24,905    Year ago to Date:    2,897

Negotiated, Formula and contract purchases delivered to packers today:
Today:        81,400    Week Ago:           86,600    Year Ago:           76,800
Wk to Date:  241,800    Week Ago to Date:  259,400    Year Ago to Date:  238,700

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        51,000    Week Ago:          101,500    Year Ago:           48,700
Wk to Date:  193,600    Week Ago to Date:  240,300    Year Ago to Date:  175,900

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      127.00- 127.00avg 127.00         -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     127.00- 127.00avg 127.00         -       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:        29,600
Weighted avg weight:               848
Weighted avg net price:         197.07


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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