Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Fri, March 22, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Thursday, 3/21/13

On Thursday trading in the Texas Panhandle was slow on light demand. Thus far for 
the week live sales have sold 2.00 to 3.00 lower from 124.00 to mostly 125.00 when
compared to last week. In Kansas, Northern Plains and Western Cornbelt trading has 
been mostly inactive on light demand on Thursday. Not enough sales for a market 
trend. In Kansas last week live sales sold at 127.00. In Nebraska and Colorado the 
last reported live sales market was on Wednesday. In Nebraska live sales sold from 
124.00 to 125.50. In Colorado live sales sold at 125.00. Last week in Nebraska 
dressed sales sold at 201.00. In the Western Cornbelt, last week, live sales sold 
from 124.00-125.00 and dressed sales sold 200.00.

Negotiated sales:
Confirmed:     8,516    Week ago:           21,953    Year ago:           11,074
Wk to Date:   53,977    Week ago to Date:   24,105    Year ago to Date:  141,098

Negotiated, Formula and contract purchases delivered to packers today:
Today:        79,600    Week Ago:           82,400    Year Ago:           80,800
Wk to Date:  333,000    Week Ago to Date:  328,800    Year Ago to Date:  345,500

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        53,700    Week Ago:           55,400    Year Ago:           55,000
Wk to Date:  305,200    Week Ago to Date:  252,900    Year Ago to Date:  405,600

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      124.50- 126.00avg 125.41         -       avg
65 - 80% Choice            -       avg          125.00- 125.00avg 125.00
35 - 65% Choice      124.00- 125.00avg 124.68   125.00- 125.00avg 125.00
0 - 35% Choice             -       avg                -       avg
Total all grades     124.00- 126.00avg 124.82   125.00- 125.00avg 125.00

Dressed basis              Steers                     Heifers
Over 80% Choice      198.00- 200.00avg 198.71   198.00- 198.00avg 198.00
65 - 80% Choice      196.00- 198.50avg 197.72   197.00- 198.00avg 197.33
35 - 65% Choice            -       avg          198.00- 198.00avg 198.00
0 - 35% Choice             -       avg                -       avg
Total all grades     196.00- 200.00avg 198.20   197.00- 198.00avg 197.49

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

Beef Type:                   Domestic:
Head count priced today:        17,800
Weighted avg weight:               813
Weighted avg net price:         199.09


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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