Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Wed, February 20, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Tuesday, 2/19/2013

On Tuesday, negotiated cash trade was at a standstill in all major feeding regions.  
Not enough sales to establish an adequate market trend.  The last established market 
was last week.  In the Southern Plains, live sales sold at 123.00.  In Nebraska, live 
sales sold at 123.00 with dressed sales at 196.00.  Last week in Colorado, live sales 
sold at 123.00.  In the Western Cornbelt, live sales sold from 119.00 to 123.00.  
Dressed sales sold at 196.00.  

Negotiated sales:
Confirmed:       350    Week ago:            9,910    Year ago:              581
Wk to Date:      566    Week ago to Date:   10,941    Year ago to Date:    1,487

Negotiated, Formula and contract purchases delivered to packers today:
Today:        82,800    Week Ago:           79,300    Year Ago:           88,600
Wk to Date:  160,600    Week Ago to Date:  162,700    Year Ago to Date:  170,100

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        49,100    Week Ago:           73,900    Year Ago:           60,100
Wk to Date:  145,000    Week Ago to Date:  156,600    Year Ago to Date:  131,700

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:        33,200
Weighted avg weight:               855
Weighted avg net price:         198.66


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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