Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Tue, February 12, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 2/11/13

Monday trading was inactive with very light demand in all major feeding regions. 
Not enough sales for a market trend. Last week in the Southern Plains and Colorado 
live sales sold at 125.00. In Nebraska and Iowa-Minnesota live sales sold from 
124.00-125.00 and dressed sales sold mostly at 200.00.

Negotiated sales:
Confirmed:       981    Week ago:              725    Year ago:            1,412
Wk to Date:      981    Week ago to Date:      725    Year ago to Date:    1,412

Negotiated, Formula and contract purchases delivered to packers today:
Today:        83,400    Week Ago:           81,600    Year Ago:           86,600
Wk to Date:   83,400    Week Ago to Date:   81,600    Year Ago to Date:   86,600

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        82,700    Week Ago:           78,000    Year Ago:           50,200
Wk to Date:   82,700    Week Ago to Date:   78,000    Year Ago to Date:   50,200

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      125.00- 125.00avg 125.00         -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     125.00- 125.00avg 125.00         -       avg

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice      200.00- 200.00avg 200.00         -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     200.00- 200.00avg 200.00         -       avg

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

Beef Type:                   Domestic:
Head count priced today:        61,500
Weighted avg weight:               859
Weighted avg net price:         199.14


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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